• Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Social icon element need JNews Essential plugin to be activated.
Thursday, April 23, 2026
Daily The Business
  • Login
No Result
View All Result
DTB
No Result
View All Result
DTB

India to make Rafale jets with France in boost to defence ties, Macron says

February 19, 2026
in Markets
India to make Rafale jets with France in boost to defence ties, Macron says

NEW DELHI: France and India are entering a new era of defence cooperation with plans to jointly produce Rafale fighter jets as well as helicopters, French President Emmanuel Macron said on Thursday, adding France also hopes to sell more submarines to India.

India’s expected order for another 114 Rafales is a “new step forward” in defence ties between the two countries and France hopes to see this replicated with submarines as well, Macron told reporters at the end of a three-day visit to India.

“On Rafale, what we want to do is expand. India confirmed a few days ago its willingness to command a new bunch of Rafales… 114… and to co-produce in India,” Macron said.

So far, India has purchased 36 Rafales for its air force and ordered another 26 marine versions of the jet for the navy.

READ MORE: France, India hail growing ties as Modi hosts Macron

Details of the Rafale deal including plans for co-production, expected to be sealed after technical and commercial negotiations, are yet to be made public. Indian media reports have said that the 114 jets manufactured by Dassault Aviation are expected to cost 3.25 trillion rupees ($35.65 billion).

They have also reported that up to 90 of the 114 jets could be produced in India with a joint venture partner who is yet to be identified.

“Rafale is absolutely key,” Macron said. “I hope we will do it on submarines. We offered additional capacities.”

The Indian navy operates six French Scorpene submarines and local media reports say there are plans to order more.

On Tuesday, Macron and Indian Prime Minister Narendra Modi announced the first H125 helicopter assembly line, made in India by a joint venture between Airbus and Tata Advanced Systems, as well as a plan to jointly produce HAMMER missiles in India, by Safran and India’s state-owned Bharat Electronics.

Rafale jets flown by the Indian Air Force were in the spotlight during India’s conflict with Pakistan last May.

Reuters reported that Pakistan’s J-10C jets shot down at least one Rafale, citing U.S. officials.

New Delhi has confirmed losses in the air but has not acknowledged a Rafale being shot down.

Tags: Emmanuel MacronFranceIndiaIndia France tradeNarendra ModiRafaleRafale aircraft
Previous Post

US trade deficit in goods widens to new record in 2025

Next Post

Saudi Arabia crude exports fall to three month low in December

American Dollar Exchange Rate
Write us: info@dailythebusiness.com

© 2021 Daily The Business

Social icon element need JNews Essential plugin to be activated.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result

© 2021 Daily The Business

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.