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Safran ready to open India engine production in Rafale deal
Reuters· 2026-02-13 11:23
Core Viewpoint - Safran Group is prepared to establish an engine assembly line in India to fulfill local production requirements as discussions continue between the French and Indian governments regarding the acquisition of 114 additional Rafale jets [1] Group 1: Company Developments - Safran manufactures M-88 engines for Dassault Aviation's Rafale jets and plans to source parts from local suppliers to bolster India's aerospace industry [1] - The Indian government has granted initial clearance for procurements, which include Rafale jets and Boeing P-8I maritime patrol planes, ahead of a visit by French President Emmanuel Macron [1]
Armed forces receive approval for defence buys worth ₹3.60 trillion
Business· 2026-02-12 14:48
  The DAC has approved the “acceptance of necessity” (a technical term) for various proposals (from the three services) that are estimated to be worth ₹3.60 trillion, a Ministry of Defence media statement said.   Indian Air Force (IAF) had proposed 114 Rafale jets to boost its squadron strength, and the Indian Navy had asked for an additional six P-8I maritime aircraft to add to its existing fleet of 12.While the statement did not specify numbers for aircraft and other goods, sources said the(IAF) had prop ...