1. India plans to finalize ₹3.25 lakh crore deal for 114 Rafales by FY-end

India plans to finalize ₹3.25 lakh crore deal for 114 Rafales by FY-end

India

  • India aims to finalise the procurement of 114 Rafale fighter jets by the end of the current financial year.
  • The proposed deal is estimated at around ₹3.25 lakh crore, making it one of India’s biggest defence purchases.
  • France has submitted its technical and commercial offer, which is being evaluated by the Defence Ministry and IAF.
  • The deal focuses on manufacturing most jets in India and integrating more Indian-made weapons into the aircraft.

Source: indiatoday.in

Get 100 stories a day on the app Read, watch & listen · Free on iOS & Android

Newer

Older