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114 Rafale jets deal moves ahead as India finalises LoR for France: Report

Posted on May 26, 2026
By Business News Today
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1 min read

114 Rafale jets deal moves ahead as India finalises LoR for France: Report

India is nearing a significant defence deal with France for 114 Rafale fighter jets, with a Letter of Request expected soon. This acquisition aims to bolster the Indian Air Force's capabilities, with a substantial portion to be manufactured domestically. The deal, estimated at ₹3.25 lakh crore, is a crucial step in addressing the IAF's fighter squadron deficit.