BR100 Decreased By (-0.15%)
BR30 Decreased By (-0.74%)
KSE100 Decreased By (-0.41%)
KSE30 Decreased By (-0.67%)
BECO 5.80 Decreased By ▼ -0.23 (-3.81%)
BML 58.03 Increased By ▲ 5.28 (10.01%)
BOP 33.85 Decreased By ▼ -0.40 (-1.17%)
CNERGY 8.15 Decreased By ▼ -0.01 (-0.12%)
DCL 11.77 Decreased By ▼ -0.57 (-4.62%)
FCCL 53.35 Decreased By ▼ -0.54 (-1%)
FCSC 5.40 Increased By ▲ 0.18 (3.45%)
FFL 17.89 Decreased By ▼ -0.14 (-0.78%)
FNEL 1.31 Increased By ▲ 0.01 (0.77%)
HUMNL 11.06 Increased By ▲ 0.06 (0.55%)
KEL 8.05 Decreased By ▼ -0.06 (-0.74%)
KOSM 5.45 Increased By ▲ 0.07 (1.3%)
MLCF 87.19 Decreased By ▼ -0.86 (-0.98%)
NBP 184.60 Decreased By ▼ -1.88 (-1.01%)
PACE 11.62 Increased By ▲ 0.90 (8.4%)
PAEL 40.31 Increased By ▲ 0.37 (0.93%)
PIAHCLA 26.10 Decreased By ▼ -0.07 (-0.27%)
PIBTL 17.09 Decreased By ▼ -0.23 (-1.33%)
PPL 228.40 Decreased By ▼ -4.38 (-1.88%)
PRL 34.59 Decreased By ▼ -0.36 (-1.03%)
PTC 67.35 Decreased By ▼ -0.21 (-0.31%)
SEARL 91.00 Increased By ▲ 0.07 (0.08%)
SSGC 26.90 Decreased By ▼ -0.27 (-0.99%)
TELE 8.53 Decreased By ▼ -0.04 (-0.47%)
THCCL 66.14 Increased By ▲ 6.01 (10%)
TPLP 9.29 Increased By ▲ 0.53 (6.05%)
TREET 24.59 Increased By ▲ 0.05 (0.2%)
TRG 71.69 Decreased By ▼ -0.06 (-0.08%)
WAVES 10.98 Increased By ▲ 1.00 (10.02%)
WTL 1.28 Increased By ▲ 0.02 (1.59%)
World

India signs $7.4 billion deal to buy 26 Rafale fighter jets

Published April 28, 2025 Updated April 28, 2025 04:16pm
Photo: Reuters
Photo: Reuters
By

India signed a deal with France on Monday to buy 26 Rafale fighter aircraft worth 630 billion rupees ($7.4 billion) for its navy, the Indian defence ministry said in a statement.

India will buy 22 single-seater and four twin-seater fighters, made by France’s Dassault Aviation, the ministry said, in a deal that would boost the Asian country’s defence ties with its second-largest arms supplier.

“The delivery of these aircraft would be completed by 2030, with the crew undergoing training in France and India,” the ministry said, adding that the deal is expected to generate thousands of jobs and revenue for a large number of businesses.

The purchase was approved earlier this month by India’s security cabinet, chaired by Prime Minister Narendra Modi, Reuters reported.

The Indian Air Force currently operates 36 Rafale fighters, while the navy’s aircraft fleet mainly comprises Russian MiG-29 jets.

India is seeking to modernise its military, reduce dependence on Russian-origin equipment, and boost domestic weapons production to supply forces deployed along two contentious borders with Pakistan and China.

Diplomatic setback for India at UNSC as Pakistan, China block pro-India statement on Pahalgam attack

The Indian navy has flagged China’s growing presence in the Indian Ocean over the past decade, with Beijing operating dual-purpose vessels in the region and maintaining a military base in Djibouti since 2017.

It also marks another step in India’s long-standing reliance on French military hardware, including Mirage 2000 jets bought in the 1980s and Scorpene-class submarines ordered in 2005.

Comments

Comments are closed for this article.