India's Largest Defence Deal: ₹3.25 Lakh Crore Rafale Jet Acquisition Nears Approval
India
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Moneycontrol•13-01-2026, 21:29
India's Largest Defence Deal: ₹3.25 Lakh Crore Rafale Jet Acquisition Nears Approval
- •A ₹3.25 lakh crore proposal for 114 Rafale fighter jets from France is set for a key Defence Ministry meeting this week.
- •Most jets will be manufactured in India with an initial 30% indigenous content, potentially rising to over 60%.
- •12-18 aircraft are expected to be procured in fly-away condition for the Indian Air Force (IAF).
- •India seeks France's approval to integrate Indian weapons and systems on the Rafale platform, with source codes remaining French.
- •If approved, this would be India's largest defence acquisition, increasing the total Rafale fleet to 176 jets.
Why It Matters: India is fast-tracking a massive ₹3.25 lakh crore Rafale jet deal, boosting air power and indigenous manufacturing.
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