India is likely to seal the deal for 26 Rafale M naval jets and three additional Scorpene submarines from France during Indian Prime Minister Narendra Modi’s visit to France – scheduled between July 14 and 16.
Notably, the defence procurement board cleared the deals on Monday.
You Must Know:
The deal is worth approximately Rs. 90,000 crore and will include 26 Rafale M aircraft, consisting of 22 single-seater and four double-seater trainer versions.
As reported by India Today, three additional submarines will be part of the Scorpene deal under Project 75.
Indian Navy facing shortage of aircrafts:
The Rafale aircrafts will be deployed on the Indian Navy’s aircraft carriers and are likely to get clearance from the defence ministry this week. As reportedly, these aircrafts will be used on the INS Vikrant and INS Vikramaditya – which currently parks Mig-29.
How many Rafale jets India currently has?
India has already procuerd 36 Rafale jets from France for its Air Force under a whopping Rs. 59,000 crore deal that was inked in September 2016.
PM Modi’s France visit:
Prime Minister Narendra Modi has been invited as the chief gust at the Bastille Day Parade in Paris, France on July 14. A contingent of the Indian military will also participate in the parade, including troops from the Indian Army’s Punjab Regiment, the Indian Navy and the Indian Air Force.
With inputs from India Today.