India and France clinch agreement for 26 Rafale-M aircraft

• The agreement, valued at nearly ₹64,000 crore, aims to procure 26 Rafale-M fighter jets for the Indian Navy.

• Deliveries are expected to start in mid-2028 and be completed by 2030.

• The deal includes training, simulator, equipment, weapons, and performance-based logistics.

• The crew will undergo training in France and India.

• The deal also includes the transfer of technology for indigenous weapons integration.

• The deal is expected to generate thousands of jobs and revenue for Micro, Small, and Medium Enterprises (MSMEs).