The Prague Post - India says signs deal with France for 26 Rafale fighter jets

EUR -
AED 4.179243
AFN 80.810524
ALL 98.715295
AMD 442.438618
ANG 2.050691
AOA 1042.247794
ARS 1325.560361
AUD 1.774621
AWG 2.05093
AZN 1.931747
BAM 1.955095
BBD 2.278879
BDT 138.200198
BGN 1.959585
BHD 0.428911
BIF 3382.880944
BMD 1.137825
BND 1.490463
BOB 7.859133
BRL 6.394351
BSD 1.1374
BTN 96.880662
BWP 15.528541
BYN 3.722259
BYR 22301.369472
BZD 2.284777
CAD 1.573481
CDF 3274.660094
CHF 0.93746
CLF 0.02804
CLP 1076.029359
CNY 8.271419
CNH 8.266725
COP 4775.451412
CRC 575.007951
CUC 1.137825
CUP 30.152362
CVE 110.224795
CZK 24.927492
DJF 202.54701
DKK 7.465155
DOP 67.027613
DZD 150.521735
EGP 57.835986
ERN 17.067375
ETB 152.252872
FJD 2.567385
FKP 0.849564
GBP 0.849694
GEL 3.123397
GGP 0.849564
GHS 16.265067
GIP 0.849564
GMD 81.354276
GNF 9851.363379
GTQ 8.759805
GYD 238.672943
HKD 8.826063
HNL 29.516623
HRK 7.53285
HTG 148.826369
HUF 404.303011
IDR 18934.545377
ILS 4.131039
IMP 0.849564
INR 96.820883
IQD 1490.06304
IRR 47902.43118
ISK 146.097466
JEP 0.849564
JMD 180.176655
JOD 0.806942
JPY 162.302201
KES 147.178113
KGS 99.502471
KHR 4553.319147
KMF 491.824654
KPW 1024.158266
KRW 1617.844914
KWD 0.348538
KYD 0.947858
KZT 581.820335
LAK 24602.134368
LBP 101912.374829
LKR 340.717219
LRD 227.487023
LSL 21.105694
LTL 3.359701
LVL 0.688258
LYD 6.222758
MAD 10.550752
MDL 19.574946
MGA 5133.195314
MKD 61.512294
MMK 2389.187997
MNT 4064.744358
MOP 9.088525
MRU 45.030169
MUR 51.463591
MVR 17.51147
MWK 1972.306593
MXN 22.249308
MYR 4.905159
MZN 72.832552
NAD 21.105694
NGN 1822.249091
NIO 41.854917
NOK 11.792446
NPR 155.014226
NZD 1.915579
OMR 0.438057
PAB 1.137385
PEN 4.170097
PGK 4.712281
PHP 63.534439
PKR 319.531162
PLN 4.268266
PYG 9108.71758
QAR 4.146488
RON 4.977076
RSD 117.157781
RUB 93.302508
RWF 1625.92837
SAR 4.268019
SBD 9.513693
SCR 16.671368
SDG 683.323174
SEK 10.973241
SGD 1.48563
SHP 0.894152
SLE 25.885581
SLL 23859.602297
SOS 650.071453
SRD 41.928441
STD 23550.679683
SVC 9.952414
SYP 14793.956034
SZL 21.098582
THB 37.913408
TJS 12.010808
TMT 3.993766
TND 3.402359
TOP 2.664902
TRY 43.805795
TTD 7.717219
TWD 36.40468
TZS 3055.060085
UAH 47.253887
UGX 4168.479528
USD 1.137825
UYU 47.891689
UZS 14727.692725
VES 98.476601
VND 29589.138425
VUV 138.026121
WST 3.151879
XAF 655.726465
XAG 0.034617
XAU 0.000344
XCD 3.075029
XDR 0.815513
XOF 655.720704
XPF 119.331742
YER 278.824402
ZAR 21.10679
ZMK 10241.797846
ZMW 31.819534
ZWL 366.379177
  • SCS

    0.1500

    10.01

    +1.5%

  • NGG

    0.1900

    73.04

    +0.26%

  • BCC

    -0.8300

    94.5

    -0.88%

  • RBGPF

    -0.4500

    63

    -0.71%

  • CMSC

    -0.0800

    22.24

    -0.36%

  • RIO

    0.0100

    60.88

    +0.02%

  • CMSD

    -0.1300

    22.35

    -0.58%

  • GSK

    0.9100

    38.97

    +2.34%

  • BCE

    0.1100

    21.92

    +0.5%

  • BTI

    0.4700

    42.86

    +1.1%

  • RYCEF

    -0.1300

    10.12

    -1.28%

  • VOD

    0.0100

    9.58

    +0.1%

  • RELX

    0.4300

    53.79

    +0.8%

  • BP

    -1.0600

    28.07

    -3.78%

  • AZN

    1.7800

    71.71

    +2.48%

  • JRI

    0.1300

    12.93

    +1.01%

India says signs deal with France for 26 Rafale fighter jets
India says signs deal with France for 26 Rafale fighter jets / Photo: Idrees MOHAMMED - AFP

India says signs deal with France for 26 Rafale fighter jets

India has signed a contract to purchase 26 Rafale fighter jets from France, New Delhi's defence ministry said Monday, with the multi-billion-dollar deal to include both single and twin-seat planes.

Text size:

When delivered, the jets would join 36 French-made Rafale fighters already acquired by New Delhi as part of its efforts to rapidly modernise its military hardware.

"The governments of India and France have signed an inter-governmental agreement for the procurement of 26 Rafale Aircraft," the defence ministry said in a statement.

The jets made by French aerospace company Dassault Aviation are expected to operate from Indian-made aircraft carriers, replacing the Russian MiG-29K jets.

"It includes training, simulator, associated equipment, weapons and performance-based logistics" as well as 22 single-seater and four twin-seater jets, said India's defence ministry.

"It also includes additional equipment for the existing Rafale fleet of the Indian Air Force (IAF)."

The Indian government announced its intention to procure 26 Rafales in 2023, when Prime Minister Narendra Modi visited France for the Bastille Day celebrations.

Despite historical ties with Russia as its key supplier for military equipment, India has diversified in recent years with key purchases including from France as well as from the United States and Israel.

Dassault said that the jets will provide India with "state-of-the-art capabilities" and an "active role in guaranteeing national sovereignty and consolidating India's role as a major international player".

India's navy is the first user outside France of the Rafale Marine jet, the company said.

- Tensions with Pakistan -

Monday's deal comes as India's relations with arch-rival Pakistan plummet to fresh lows.

New Delhi has accused Pakistan of backing the deadliest attack on civilians in Indian-administered Kashmir since 2000 -- claims Islamabad denies.

The two countries have exchanged gunfire, diplomatic barbs, expelled each other's citizens and shut border since the April 22 attack, in which 26 men were killed.

Analysts say there is also a serious risk of the crisis turning into a military escalation.

The earlier contract for 36 Rafale aircraft, agreed in 2016, was worth about $9.4 billion.

Many global arms suppliers see the world's most populous nation -- and fifth-largest economy -- a key market.

India has become the world's largest arms importer with purchases steadily rising to account for nearly 10 percent of all imports globally in 2019-23, the Stockholm International Peace Research Institute (SIPRI) said last year.

India has also eyed with worry its northern neighbour China, especially since a deadly 2020 clash between their troops.

That sparked a wave of defence reforms in the country, with both a push for fresh contracts from foreign suppliers and simplified laws to push domestic manufacturing and co-production of critical military hardware.

This decade India has opened an expansive new helicopter factory, launched its first homemade aircraft carrier, and conducted a successful long-range hypersonic missile test.

That in turn has fostered a growing arms export market which saw sales last year worth $2.63 billion -- still a tiny amount compared to established players, but a 30-fold increase in a decade.

India has deepened defence cooperation with Western countries in recent years, including the Quad alliance with the United States, Japan and Australia.

K.Dudek--TPP