India’s $40 Billion Gamble: Logic Behind India’s Acquisition of Dassault’s Advanced Rafale Jets

India’s pursuit of a $40 billion deal for 114 Rafale fighter jets from France marks a pivotal moment in its military modernisation efforts.This government-to-government contract with Dassault Aviation, approved by the Defence Acquisition Council on 12 February, awaits final clearance from the Cabinet Committee on Security. Estimated at ₹3.25 lakh crore, it could become the largest procurement in
India’s pursuit of a $40 billion deal for 114 Rafale fighter jets from France marks a pivotal moment in its military modernisation efforts.This government-to-government contract with Dassault Aviation, approved by the Defence Acquisition Council on 12 February, awaits final clearance from the Cabinet Committee on Security. Estimated at ₹3.25 lakh crore, it could become the largest procurement in
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