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India picks Rafale M over MiG-29K2?

Can someone elaborate on this article?

India picks Rafale M

A very good source (scramble) states the unit price of MiG-29K2 to be $35 mil, while India demanded additional 20% reduction to $28 mil for each navalized MiG-29. How could Rafale even try to compete with this price tag?

Flex

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