06
Aug
New Delhi (Gurpreet Singh)— In a major development for India's defence acquisition roadmap, French aerospace manufacturer Dassault Aviation has officially submitted its comprehensive technical and commercial proposal to the Ministry of Defence for the procurement of 114 Rafale multi-role fighter aircraft. The bid comes in response to the formal Letter of Request issued by India under a Government-to-Government framework to bolster the Indian Air Force's declining fighter squadron strength. The proposed deal, estimated at approximately Rs. 3.25 lakh crore involves extensive local manufacturing and technology transfer under the 'Make in India' initiative. The submission is currently under rigorous evaluation by…
