The Defence Acquisition Council (DAC) has approved a strategic defence procurement worth ~Rs. 3.6 lakh crore. The centerpiece is the acquisition of 114 Rafale fighter jets from France, with 90 to be made in India with 50% indigenous content. This move aims to address the IAF's squadron shortfall, boost 'Make in India', and strengthen strategic ties with France and the US.
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- ›Total Procurement Value: Rs. 3.60 lakh crore
- ›Rafale Jets (Total): 114
- ›Target this Data: 114 total Rafales, 90 to be made in India, 50% indigenous content.
- ›Target this Nodal Body: Defence Acquisition Council (DAC) grants Acceptance of Necessity (AoN).
- ›Target this Legal Point: The deal is an inter-governmental agreement with France.
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