India is preparing to clear its biggest fighter jet purchase ever—114 Rafale F4s from France. Here’s the full breakdown: numbers, cost, delivery, Make in India, and what the deal fixes for the IAF.
India
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Moneycontrol09-02-2026, 10:51

India's Rs 3.25 Lakh Crore Rafale Deal: IAF Boost, Make in India Focus

  • India to approve a Rs 3.25 lakh crore deal for 114 Dassault Rafale F4 fighters, its largest combat aircraft acquisition.
  • The deal, a government-to-government agreement with France, aims to significantly boost the Indian Air Force's combat strength.
  • 18 jets will be fly-away from France, with 96 built in India, targeting 60% indigenous content long-term.
  • The contract includes 88 single-seat and 26 twin-seat fighters exclusively for the IAF, separate from Navy's Rafale-M order.
  • This acquisition addresses the IAF's squadron gap and provides a credible edge against regional threats.

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