India Approves Historic €30 Billion Deal for 114 Rafale Jets from France
DEFENSE
India's Defense Ministry has approved the acquisition of 114 Rafale jets from France, worth €30 billion, marking a significant milestone in Franco-Indian defense relations. French President Macron and Indian Prime Minister Modi aim to enhance bilateral ties and diversify trade, with a focus on sectors like healthcare and artificial intelligence. The visit includes the inauguration of an Airbus H125 helicopter assembly line in Bangalore and discussions on a future AI summit in New Delhi.

Feb 16, 2026, 8:06 AM