India has moved a step closer to the mega defence deal for 114 Rafale fighter jets with France, as the country has finalised the Letter of Request (LoR) for the acquisition of the 4.5-generation multirole aircraft for the Indian Air Force (IAF), reported TOI's Surendra Singh.
“The LoR is ready and it is expected to be sent to France in a few weeks,” defence sources told TOI. The LoR is a formal government-to-government document used to initiate major defence acquisitions under international frameworks such as foreign military sales or intergovernmental agreements. The earlier estimate for the mega deal was pegged at around Rs 3.25 lakh crore.
