Defense Business and Industry

India to Sign $22 Billion Deal for 114 Rafale Jets Next Year

India is poised to finalize a landmark $22 billion deal for 114 Rafale F4+ fighter jets with France, with initial deliveries in fly-away condition and local assembly at Dassault Reliance Aerospace Limited, boosting indigenous manufacturing under the Make in India initiative. The IAF’s pressing needs, highlighted by its dwindling squadron strength, underscore the importance of this acquisition, with the Rafale’s advanced capabilities crucial for regional security. The deal aligns with India’s long-term defense objectives, including technology transfer and job creation, while potentially enhancing the IAF’s operational edge against growing threats. This agreement solidifies the strategic partnership between India and France in defense collaboration.

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