How India’s US$40 billion order for French Rafales will help local fighter jet makers

Feb 13, 2026 | INVESTING

India’s approval for a 3.6 trillion rupee (US$40 billion) purchase of defence equipment on Thursday – including 114 Rafale French fighter jets – will significantly boost the capabilities of the country’s armed forces amid heightened tensions with Pakistan, analysts say.
The decision comes at a time when the Indian Air Force’s (IAF) fighter squadron strength has shrunk to 29, well below the 42 considered essential in the event of a simultaneous war with Pakistan and China.
French President…

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