India is poised to finalize significant defense acquisitions with plans to sign two crucial deals in the coming month. According to a report by The Economic Times, the Indian government is preparing to acquire 26 Rafale fighter aircraft and three additional Scorpene submarines for its Navy. The total value of these acquisitions is estimated at 90,000 crore (approximately $10.06 billion), as detailed by Indian Navy Chief Admiral Dinesh Tripathi during a recent press conference.
The negotiations for the purchase of the Rafale jets have been ongoing, with India having engaged in discussions with France for several years. Recently, these discussions gained momentum as New Delhi looks to bolster its military capabilities amid regional tensions, particularly concerning the activities of the Chinese Navy in the Indian Ocean. Admiral Tripathi emphasized that the Indian Navy is actively enhancing its surveillance and monitoring efforts to keep a close watch on these developments.
The potential acquisition of the Rafale aircraft aligns with previous commitments made between India and France. In July 2023, the Indian Defence Ministry greenlit the purchase of Rafale-M jets, which are intended for deployment aboard the INS Vikrant, the country’s first indigenous aircraft carrier. India received its first batch of 36 Rafale aircraft in 2019, following a $9.4 billion contract signed in 2016, although deliveries faced delays linked to corruption allegations against Indian Prime Minister Narendra Modi.
On the naval front, the announcement regarding the Scorpene submarines is part of a broader initiative to strengthen India’s underwater capabilities. This move follows the launch of the last of six Scorpene-class submarines, named Vagsheer, in 2022. The construction of these submarines is part of “Project 75,” a $3.75 billion program established in 2005 in collaboration with the French firm Naval Group and Indian shipbuilder Mazagon Dock, aimed at enhancing local production and self-reliance in defense manufacturing.
As India continues to modernize its naval and aerial fleet, these impending deals underscore the country’s commitment to strengthening its defense architecture amidst evolving geopolitical challenges.