📈 BusinessIndia
India to Procure 114 Rafale Fighter Jets in $3.25 Lakh Crore Deal
📰 Analysis
India is set to procure 114 Rafale fighter jets from France in a significant government-to-government deal worth Rs 3.25 lakh crore. This acquisition aims to bolster the Indian Air Force's depleted squadron strength. While 18 jets will be fly-away, 96 will be manufactured in India. This deal is a major boost to the Indian Air Force's capabilities and will help the country address its fighter shortage. However, indigenous programs like Tejas Mk2 and AMCA are crucial for long-term security against evolving threats.
Original source
Times of India