India Eyes Massive Rs 3.25 Lakh Crore Rafale Deal for 114 Fighter Jets

• India to discuss acquiring 114 Rafale fighter jets from France in a high-level Defence Ministry meeting.
• The deal is estimated at Rs 3.25 lakh crore, with 30% indigenous content and manufacturing in India.
• 12-18 jets could be acquired in fly-away condition for immediate induction into the Indian Air Force.
• India seeks to integrate its own weapons and systems into the aircraft, though source codes remain with France.
• This potential deal would be India's largest defence acquisition, increasing its Rafale fleet to 176 jets.

Why It Matters: India is set to finalize a monumental Rs 3.25 lakh crore deal for 114 Rafale fighter jets.