India and France are expected to sign a Rs 63,000 crore agreement for 26 Rafale Marine combat aircraft in Delhi on Monday, according to defence sources.
At the signing ceremony, officials from the Indian Defence Ministry and the French Ambassador to India will represent their respective countries. Defence Secretary Rajesh Kumar Singh is set to represent India, while the French and Indian defence ministers will participate virtually, according to reports.
Previously, the French Defence Minister was slated to attend the signing in person, but he had to cancel due to personal circumstances.
The Cabinet Committee on Security approved the arrangement earlier last month.
The 26 Rafale Marine fighter jets are urgently required for deployment on Indian aircraft carriers, particularly INS Vikrant, which is now in service. The existing fleet of MiG-29K fighters has reportedly underperformed due to maintenance-related issues.
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