India Signs $7.4 Billion Deal with France for 26 Rafale Fighter Jets
Key Aspect | Details |
---|---|
Event | India signed a landmark deal with France for 26 Rafale fighter aircraft. |
Value of the Deal | Approximately 630 billion rupees ($7.4 billion). |
Aircraft Details | 22 single-seater and 4 twin-seater Rafale jets from Dassault Aviation. |
Delivery Timeline | Expected completion by 2030. |
Training | Crew training in both France and India. |
Strategic Importance | Strengthens India's naval air power amid China's growing presence in the Indian Ocean. |
Impact on Indian Navy | Modernizes fleet by integrating Rafale jets, replacing Russian MiG-29 jets. |
Historical Context | Continues India's reliance on French military hardware (e.g., Mirage 2000, Scorpene-class submarines). |
Economic Impact | Expected to generate thousands of jobs and boost economic growth. |