The Rafale fighter aircraft performs during the Dubai Air Show in Dubai, United Arab Emirates, Tuesday, Nov. 18, 2025. (AP Photo/Fatima Shbair)
India
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CNBC TV1813-01-2026, 21:26

India's Mega Defence Deal: ₹3.25 Lakh Crore Rafale Jet Plan Under Review This Week

  • Defence Ministry to review a ₹3.25 lakh crore proposal for 114 Rafale fighter jets this week.
  • The plan includes manufacturing jets in India with 30% indigenous content and acquiring 12-18 in fly-away condition.
  • India seeks to integrate indigenous weapons on French aircraft, with source codes remaining with France.
  • This potential deal would be India's largest defence procurement, increasing Rafale fleet to 176 jets.
  • The deal gained momentum after Rafale's performance in Operation Sindoor against Pakistan.

Why It Matters: India's Defence Ministry is set to review a massive ₹3.25 lakh crore deal for 114 Rafale jets.

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