India's Mega Defence Deal: ₹3.25 Lakh Crore Rafale Jet Plan Under Review This Week

India
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CNBC TV18•13-01-2026, 21:26
India's Mega Defence Deal: ₹3.25 Lakh Crore Rafale Jet Plan Under Review This Week
- •Defence Ministry to review a ₹3.25 lakh crore proposal for 114 Rafale fighter jets this week.
- •The plan includes manufacturing jets in India with 30% indigenous content and acquiring 12-18 in fly-away condition.
- •India seeks to integrate indigenous weapons on French aircraft, with source codes remaining with France.
- •This potential deal would be India's largest defence procurement, increasing Rafale fleet to 176 jets.
- •The deal gained momentum after Rafale's performance in Operation Sindoor against Pakistan.
Why It Matters: India's Defence Ministry is set to review a massive ₹3.25 lakh crore deal for 114 Rafale jets.
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