India to Discuss ₹3.25 Lakh Crore Deal for 114 Rafale Jets with France
DEFENSE
India will discuss a ₹3.25 lakh crore deal to acquire 114 Rafale fighter jets from France in a high-level Defence Ministry meeting. The deal includes 12-18 jets to be delivered in fly-away condition and aims for over 30% indigenous production.
The proposal also seeks to integrate Indian weapons into the jets. If approved, the deal would increase India's Rafale fleet to 176 jets. Additionally, France plans to establish a maintenance facility for M-88 engines in Hyderabad. This deal comes amid offers from the US and Russia for fifth-generation fighter jets.

Jan 15, 2026, 6:08 AM