Union Cabinet Approves ₹63,000 Crore Deal for Procurement of 26 Rafale Fighter Jets from France for Indian Navy
Why in News?
- This approval has garnered significant attention as it represents a major advancement in India’s defense procurement, reflecting the government’s focus on modernizing the armed forces amid evolving regional security dynamics. The deal also underscores the deepening strategic partnership between India and France in defense cooperation.
Important Key Points:
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Deal Approval: The Cabinet Committee on Security has sanctioned the acquisition of 26 Rafale Marine aircraft from France, aiming to bolster the operational capabilities of the Indian Navy.
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Financial Details: The deal is valued at over ₹63,000 crore (approximately $7 billion), highlighting India’s commitment to enhancing its defense infrastructure.
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Aircraft Specifications: The procurement includes 22 single-seater jets and 4 twin-seater trainer variants, specifically designed for carrier-based operations.
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Strategic Importance: These advanced fighter jets are intended to operate from India’s indigenous aircraft carrier, INS Vikrant, thereby strengthening India’s maritime presence in the Indo-Pacific region.
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Broader Defense Collaboration: In addition to the Rafale jets, the Cabinet has also approved the procurement of three Scorpene-class submarines from France, further enhancing India’s undersea warfare capabilities.