India–France Deal: Key Factors and Sectoral Impacts
The recent elevation of India–France relations to a Special Global Strategic Partnership marks a turning point in bilateral cooperation. Announced during French President Emmanuel Macron’s visit to India in February 2026, the deal encompasses 21 major outcomes across defence, technology, energy, innovation, and cultural exchange. Below is a point‑wise breakdown of the key factors and sectoral impacts. 1. Defence and Security Rafale Fighter Jet Procurement : India approved the acquisition of 114 Rafale multi‑role fighter aircraft worth ₹3.6 lakh crore ($40 billion). This strengthens India’s air power and deepens defence industrial collaboration. Helicopter Assembly Line : The inauguration of the H125 helicopter assembly line in India boosts domestic aerospace manufacturing and job creation. Joint Defence R&D : Both nations agreed to expand cooperation in defence technology, including AI‑driven systems, cyber defence, and naval collaboration. 2. Critical Technologies...