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HomeIndiaIndia–France Seal ₹3.25 Lakh Crore Defence Deal Today; India to Acquire 114...

India–France Seal ₹3.25 Lakh Crore Defence Deal Today; India to Acquire 114 Rafale Jets, PM Modi to Meet President Macron in Mumbai

India and France are set to formalize a major defence agreement valued at approximately ₹3.25 lakh crore, under which India is expected to procure 114 Rafale fighter aircraft. The deal marks one of the largest defence acquisitions in recent years and is seen as a significant boost to India’s air power capabilities.

Strengthening Air Defence Capabilities

The induction of additional Rafale jets is aimed at modernising the Indian Air Force and enhancing operational readiness. Defence analysts say the aircraft will strengthen India’s strategic position, particularly in view of evolving regional security challenges.

High-Level Diplomatic Engagement

Prime Minister Narendra Modi is scheduled to meet French President Emmanuel Macron in Mumbai as part of the bilateral engagements surrounding the deal. The meeting is expected to focus not only on defence cooperation but also on trade, technology, and strategic partnerships between the two nations.

Technology Transfer and Industrial Boost

Sources indicate that the agreement may include provisions for local manufacturing, technology transfer, and collaboration with Indian defence firms. This aligns with India’s push for self-reliance in defence production under its domestic manufacturing initiatives.

Broader Strategic Partnership

India and France share a long-standing strategic partnership covering defence, space, civil nuclear energy, and maritime security. Officials believe the latest agreement will further deepen military cooperation and long-term collaboration.

Further details regarding delivery timelines, payment structure, and industrial participation are expected to be released after the official signing ceremony.

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