Indian firms will make 114 Rafale jets worth ₹2 lakh crore
The Indian Air Force's (IAF) plan to acquire 114 'Made in India' Rafale jets marks one of the country's biggest defence procurement projects ever, with an estimated value of ₹2 lakh crore. Beyond numbers, the deal holds strategic, industrial, and geopolitical significance. The IAF already operates 36 Rafales.