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India to Procure 26 Rafale M Fighters from France in ₹63,000 Crore Agreement

Written by: Team Angel OneUpdated on: Apr 29, 2025, 3:40 PM IST
India has signed a ₹63,000 crore deal with France to procure 26 Rafale M fighters for deployment on INS Vikrant, strengthening its naval aviation capabilities.
India to Procure 26 Rafale M Fighters from France in ₹63,000 Crore Agreement
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India and France have signed a significant defence agreement valued at approximately ₹63,000 crore for the acquisition of 26 naval variants of Rafale fighter jets. These jets, manufactured by French aerospace major Dassault Aviation, will be deployed aboard India’s indigenous aircraft carrier, INS Vikrant, enhancing the Indian Navy’s operational readiness.

Key Features of the Procurement

Under the government-to-government deal, India will procure 22 single-seat Rafale M fighters and 4 twin-seat trainer aircraft. This procurement package also includes an array of associated equipment such as weapons, simulators, spare parts, ancillary gear, as well as crew training and comprehensive logistics support.

The deal was formally approved earlier this month by the Cabinet Committee on Security (CCS), chaired by Prime Minister Narendra Modi.

Strategic Importance for the Indian Navy

The acquisition of Rafale M jets addresses an urgent operational requirement for the Indian Navy. Until India develops its own twin-engine deck-based fighter (TEDBF), these jets will serve as a critical interim capability.

The Rafale M, known for its robustness, is specially designed to perform in challenging aircraft carrier environments. These operations often involve exposure to corrosive maritime conditions, demanding resilient design and superior operational flexibility.

Read More: Defence Ministry Signs ₹6,900 Crore Deal for Artillery Systems and Vehicles With Bharat Forge and Tata Advanced Systems

Background and Approval Timeline

In July 2023, India’s Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, approved the proposal to purchase 26 Rafale M fighters. This decision aimed to sharpen the Navy’s combat capabilities by equipping it with technologically advanced fighter jets suitable for carrier-based operations.

The Rafale M currently serves aboard the French Navy’s flagship, the Charles de Gaulle aircraft carrier, underscoring its proven operational credentials in similar naval environments.

Conclusion

The finalisation of this deal marks another milestone in India-France defence cooperation. With this strategic acquisition, the Indian Navy is set to strengthen its maritime air power, securing its position in the region while progressing towards self-reliance in advanced fighter development.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Apr 29, 2025, 3:40 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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