Defence Board Clears Proposal for 114 Rafale Jets: Boost for IAF

• The Defence Procurement Board has approved a proposal to acquire 114 Rafale fighter jets, a significant step towards boosting the Indian Air Force's squadron strength.
• The Indian Air Force currently operates 36 Rafale jets and supports the acquisition due to existing operational and maintenance familiarity.
• The proposal includes integration of Indian weapon systems and technology transfer for local production, aligning with 'Made in India' initiatives.
• Estimated at over Rs 2 lakh crore, the project involves Dassault Aviation collaborating with Indian aerospace companies, with over 60% indigenous content.
• This clearance is a key milestone, with further approvals pending from the Defence Acquisition Council, potentially increasing India's Rafale fleet to 176 aircraft.

Why It Matters: Defence Procurement Board approves 114 Rafale jet acquisition, enhancing IAF strength and promoting indigenous production.