India signs $7.4 billion deal to buy 26 Rafale fighter jets

India signed a deal with France on Monday to buy 26 Rafale fighter aircraft worth 630 billion rupees ($7.4 billion) for its navy, the Indian defence ministry said in a statement. India will buy 22 single-seater and four twin-seater fighters, made by France's Dassault Aviation, opens new tab, the ministry said, in a deal that would boost the Asian country's defence ties with its second-largest arms supplier.

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