Tuesday, September 22, 2026

India sends formal request to France for 114 Rafale jets in ₹3.25 lakh crore deal

Date:

India has formally issued a Letter of Request (LoR) to France for the proposed government-to-government acquisition of 114 Rafale fighter aircraft for the Indian Air Force, a deal estimated to be worth around ₹3.25 lakh crore, reports ANI.Citing Defence Ministry sources, ANI reported that the ministry’s Acquisition Wing sent the request to the French government last week.

Under the proposal, 94 of the 114 Rafale jets are expected to be manufactured in India by French aerospace major Dassault Aviation in partnership with an Indian firm.
The French government is expected to respond within the next two to three months, after which negotiations are likely to continue.The move comes ahead of Prime Minister Narendra Modi’s expected visit to France in mid-June, where the Rafale programme is likely to feature in discussions with the French leadership.

The proposed acquisition is intended to address the Indian Air Force’s fighter squadron shortage and strengthen its combat capabilities through the induction of additional 4.5-generation Rafale aircraft.

Also Read: Hiring for AI jobs paying over ₹30 lakh/year jumps 27% in May: Report

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Worsening El Nino threatens Asia with drought, potentially raising food prices globally

All signs are pointing toward a record-breaking El Nino...

UPI MDR will not be passed on to consumers, Sitharaman says

Union Finance Minister Nirmala Sitharaman on Monday said the...

RBI sells ₹25,000 crore of G-secs in OMO to mop up surplus banking liquidity

The Reserve Bank of India (RBI) accepted bids worth...

NSE IPO: The business, the moat and the competition

India’s capital markets are becoming a much larger part...