Image : Representational Purpose only
India and France have inked an intergovernmental agreement to procure 26 naval variants of Rafale fighter jets at a cost of around Rs 64,000 crore for the Indian Navy.
As reported by PTI, The pact provides for setting up of a production facility for Rafale fuselage as well as maintenance, repair and overhaul facilities for aircraft engines, sensors and weapons in India, according to the defence ministry.
The agreement will also facilitate the transfer of technology for the integration of indigenous weapons in India, it said without elaborating.
The ministry said the delivery of the aircraft would be completed by 2030, with the crew undergoing training in France and India.
India is procuring the jets for deployment on board aircraft carrier INS Vikrant.
Manufactured by French defence major Dassault Aviation, the Rafale-Marine is a carrier-borne combat-ready aircraft with proven operational capabilities in the maritime environment.
The sealing of the mega deal came three weeks after the Cabinet Committee on Security (CCS) headed by Prime Minister Narendra Modi cleared the procurement.
Under the terms of reference, the delivery of the jets will have to start around five years after the signing of the contract.
