India Nears Rs 2 Lakh Crore Rafale Fighter Jet Deal

India Nears Rs 2 Lakh Crore Rafale Fighter Jet Deal
Source: timesofindia.indiatimes.com

‘Made in India’: India moves towards record Rs 2 lakh crore deal for 114 Rafale jets; defence ministry begins review of IAF proposal

India is moving closer to sealing one of its largest-ever defence deals, worth nearly Rs 2 lakh crore, for the acquisition of 114 Rafale fighter jets. The Ministry of Defence has initiated a formal review of the Indian Air Force’s (IAF) proposal, marking a key step in strengthening India’s aerial combat capabilities. The plan aligns with the government’s ‘Made in India’ initiative, ensuring that a significant portion of the production and assembly will take place within the country. This large-scale procurement is expected to boost domestic defence manufacturing, create new jobs, and enhance the self-reliance of India’s military sector. The IAF has been pressing for additional Rafale jets to meet its operational needs, especially in light of evolving security challenges across the region. If cleared, this mega defence agreement will not only modernize India’s air fleet but also deepen its strategic partnership with France.

The Key points

  • India planning record Rs 2 lakh crore defence deal.
  • Proposal covers 114 Rafale fighter aircraft.
  • Defence Ministry begins formal review process.
  • Deal supports ‘Made in India’ manufacturing drive.
  • Local production and assembly planned in India.
  • Boost to domestic defence industry and job creation.
  • IAF seeks more jets for operational readiness.
  • Agreement strengthens India-France defence cooperation.
  • Modern fighter jets to enhance air combat power.
  • Deal positions India towards defence self-reliance and modernization.
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