India aims for 60% localisation in Rafale fighter production
pre-market1 source ↓written by the desknot a recommendation
- is just
- 30% indigenous content
India is negotiating the procurement of 114 Multi-Role Fighter Aircraft (MRFA) with a goal of over 60% localisation by the end of the contract. The initial 30% indigenous content is just a starting point, as establishing local supply chains and quality control processes takes time. This move is expected to strengthen the domestic aerospace sector significantly.
Not investment advice. For informational purposes only.