India to ink Rs 630 billion Rafale-M deal with France on April 28
DEFENSE

India to ink Rs 630 billion Rafale-M deal with France on April 28

India is set to sign its biggest-ever defence deal with France on April 28 for the procurement of 26 Rafale Marine jets for the Navy, with the agreement valued at over Rs 630 billion. French Defence Minister Sebastien Lecornu will be present for the signing, which is likely to take place outside South Block.

Senior officials from both nations will represent the two sides at the event, sources told ANI. Lecornu is scheduled to arrive in India on Sunday evening and return the next day.

The Cabinet Committee on Security, chaired by Prime Minister Narendra Modi, had cleared the Rafale-M deal on April 9 under a government-to-government framework. The contract includes 22 single-seater and four twin-seater jets, as well as a full maintenance and logistics package, training for personnel, and provisions for domestic component manufacturing.

The Rafale-Ms will operate from aircraft carrier INS Vikrant and complement the Navy’s existing MiG-29K fleet.

The Indian Air Force already operates 36 Rafale jets acquired through a 2016 deal. These are deployed at bases in Ambala and Hasimara. With the addition of the Navy’s 26 Rafale-Ms, India’s Rafale fleet will expand to 62 aircraft, strengthening the country’s 4.5-generation fighter capabilities.

Meanwhile, the IAF is preparing to float a new tender for multirole fighter jets, though it has shown a preference for specific platforms to address near-term requirements.

India is set to sign its biggest-ever defence deal with France on April 28 for the procurement of 26 Rafale Marine jets for the Navy, with the agreement valued at over Rs 630 billion. French Defence Minister Sebastien Lecornu will be present for the signing, which is likely to take place outside South Block. Senior officials from both nations will represent the two sides at the event, sources told ANI. Lecornu is scheduled to arrive in India on Sunday evening and return the next day. The Cabinet Committee on Security, chaired by Prime Minister Narendra Modi, had cleared the Rafale-M deal on April 9 under a government-to-government framework. The contract includes 22 single-seater and four twin-seater jets, as well as a full maintenance and logistics package, training for personnel, and provisions for domestic component manufacturing. The Rafale-Ms will operate from aircraft carrier INS Vikrant and complement the Navy’s existing MiG-29K fleet. The Indian Air Force already operates 36 Rafale jets acquired through a 2016 deal. These are deployed at bases in Ambala and Hasimara. With the addition of the Navy’s 26 Rafale-Ms, India’s Rafale fleet will expand to 62 aircraft, strengthening the country’s 4.5-generation fighter capabilities. Meanwhile, the IAF is preparing to float a new tender for multirole fighter jets, though it has shown a preference for specific platforms to address near-term requirements.

Next Story
Infrastructure Transport

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Next Story
Infrastructure Urban

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Next Story
Infrastructure Urban

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement