India to open rival bids for $12 bn fighter deal

India's Defence Ministry has invited the two rivals for a $12 billion jet fighter contract - France's Dassault and the European Eurofighter consortium -- to unveil their bids next week. The Dassault group is hoping to secure the contract for 126 jets, one of the largest military contracts of recent years, with its Rafale fighter which has yet to find any foreign buyers.

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