India may finalise 114 Rafale fighter jet deal with France by current financial year: IAF chief

Economic Times - Oct 3, 2026

India is planning to finalize a significant multi-role fighter aircraft deal by the end of this financial year. The proposed acquisition involves purchasing 114 Rafale fighter jets to enhance the Indian Air Force's capabilities. Current negotiations are focused on price and other important issues related to the procurement. The Chief of Air Staff emphasized the need for increased air power and self-reliance in manufacturing capabilities.

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