Admiral Arun Prakash especially focus on the fact that india is still very dependent on foreign sources for military hardware despite many attempts to aquire new technologies through transfer contracts. So far, the technology transfers conceded by foreign defense companies have been very desapointing :
[...] For far too long, have Indian defence PSUs claimed “transfer of technology” when they were only assembling components received from abroad using “screwdriver technology”. For the MMRCA offsets to be beneficial to India, they must be selectively chosen to fill known gaps in key technologies or provide high-end production-engineering skills lacking in our aerospace industry today. [...]
As far as the Rafale is concerned we can quote 2 sentences :
[...] Having flown both the F/A-18 and the Rafale, I can say that while the former would certainly have met all the IAF requirements competently and economically, the breathtaking performance of the latter leaves one in no doubt that it is a “generation-next” machine. The Eurofighter Typhoon, by all accounts, is equally impressive.[...]
[...] the line-up, in ascending order of price, shown in parenthesis, is as follows: MiG-35 ($ 45 m), F-16 ($60 m), F/A-18 ($60.5 m), Gripen ($82.2 m), Rafale ($ 85.5 m) and Typhoon ($124 m). [...]
It is difficult to know if the prices of this list can be directly compared. However, given they are more or less acurate, they reveal that the Gripen NG price would be very close to the Rafale. Conversely the Typhoon is quoted 45% higher which is a huge gap.
Interestingly, both the F-16IN and F-18E would have the same price despite being in 2 different weight class. It is also worth noting that they are 42% less expensive than the Rafale, which is exactly the current Euro/dollar ratio. Once again, it would prove that the US aircraft prices are artificially low only due to an underestimated dollar value.