India, France Sign Deal for 26 Rafale-Marine Jets for Navy
ECONOMY & POLICY

India, France Sign Deal for 26 Rafale-Marine Jets for Navy

India and France have signed an Inter-Governmental Agreement (IGA) for the acquisition of 26 Rafale-Marine aircraft for the Indian Navy, comprising 22 single-seater and four twin-seater jets. The deal also includes training systems, simulators, associated equipment, weapons, and performance-based logistics, along with additional equipment for the Indian Air Force’s existing Rafale fleet.
The IGA was signed by India’s Defence Minister Rajnath Singh and French Minister of Armed Forces Sébastien Lecornu. The agreement, along with supply protocols for aircraft and weapons, was exchanged in the presence of Defence Secretary Rajesh Kumar Singh at Nausena Bhawan, New Delhi on April 28, 2025.
Aligned with the ‘Aatmanirbhar Bharat’ initiative, the agreement includes the transfer of technology for integrating indigenous weapons and the establishment of a Rafale fuselage production facility in India. It also includes Maintenance, Repair, and Overhaul (MRO) facilities for engines, sensors, and weapons. The deal is expected to create thousands of jobs and boost revenues for Indian MSMEs involved in setting up and operating these facilities.
Built by France’s Dassault Aviation, the Rafale-Marine is a carrier-based fighter with proven maritime capabilities. Deliveries are expected to be completed by 2030, with training for Indian crews scheduled in both France and India.
With high commonality between the Rafale-Marine and the Indian Air Force's Rafale jets, the deal will enhance joint operational capabilities and streamline logistics and training. Its induction will serve as a powerful force multiplier for the Indian Navy’s aircraft carriers, significantly strengthening India’s maritime air power.
(PIB)

India and France have signed an Inter-Governmental Agreement (IGA) for the acquisition of 26 Rafale-Marine aircraft for the Indian Navy, comprising 22 single-seater and four twin-seater jets. The deal also includes training systems, simulators, associated equipment, weapons, and performance-based logistics, along with additional equipment for the Indian Air Force’s existing Rafale fleet.The IGA was signed by India’s Defence Minister Rajnath Singh and French Minister of Armed Forces Sébastien Lecornu. The agreement, along with supply protocols for aircraft and weapons, was exchanged in the presence of Defence Secretary Rajesh Kumar Singh at Nausena Bhawan, New Delhi on April 28, 2025.Aligned with the ‘Aatmanirbhar Bharat’ initiative, the agreement includes the transfer of technology for integrating indigenous weapons and the establishment of a Rafale fuselage production facility in India. It also includes Maintenance, Repair, and Overhaul (MRO) facilities for engines, sensors, and weapons. The deal is expected to create thousands of jobs and boost revenues for Indian MSMEs involved in setting up and operating these facilities.Built by France’s Dassault Aviation, the Rafale-Marine is a carrier-based fighter with proven maritime capabilities. Deliveries are expected to be completed by 2030, with training for Indian crews scheduled in both France and India.With high commonality between the Rafale-Marine and the Indian Air Force's Rafale jets, the deal will enhance joint operational capabilities and streamline logistics and training. Its induction will serve as a powerful force multiplier for the Indian Navy’s aircraft carriers, significantly strengthening India’s maritime air power.(PIB)

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement