New Delhi, April 28 -- India and France on Monday inked an intergovernmental agreement to procure 26 naval variants of Rafale fighter jets at a cost of around Rs 64,000 crore for the Indian Navy.
The pact provides for setting up of a production facility for Rafale fuselage as well as maintenance, repair and overhaul facilities for aircraft engines, sensors and weapons in India, according to the defence ministry.
The agreement will also facilitate the transfer of technology for the integration of indigenous weapons in India, it said without elaborating.
The ministry said the delivery of the aircraft would be completed by 2030, with the crew undergoing training in France and India.
India is procuring the jets for deployment on board aircr...