Rafale MRFA Deal: Macron Backs Deeper Make-in-India on February 20
On February 20, President Emmanuel Macron backed the Rafale MRFA deal, supporting India’s plan to procure and co‑produce 114 Rafale jets with higher local content. He framed it as a Make in India push that creates skilled jobs and deepens France India defence ties. Macron also flagged potential submarine follow‑ons, pointing to broader maritime opportunities. For investors, the Rafale MRFA deal signals larger offsets, clearer demand for domestic suppliers, and a long runway of spares, MRO, and training orders through the 2030s.
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