After a thorough evaluation of the planes, the deal's ultimate cost will be determined; it is anticipated to fall between Rs 6,000 and 7,000 crore, as per the report.
The Indian Air Force hit major terror camps in Pakistan occupied Kashmir in the wee hours of February 26. Here's all we know so far.
Watch the video to find out why the Indian Air Force used Mirage-2000 jets to carry out the attack.
In India, the Balakot attack is seen as the Modi government living up to the promise of avenging the Pulwama attack. In Pakistan, by playing it down, the Imran Khan government has dodged, albeit for now, the demand for retaliation.
The aircraft has twin in-built GIAT 30–550 F4 30 mm revolver-type cannons, which have fire rates of 1,200 or 1,800 rounds per minute.
Pitching the multi-billion deal for 126 Rafale combat jets as the "logical step" towards the 'Make in India' initiative, Dassault Aviation on Wednesday hoped that the contract which has been "95 percent finalised" would be signed soon.
French defence major Dassault Aviation, the original manufacturer, will handover two upgraded aircraft to India on March 25 in Istres Dassault Aviation Flight Test Center.
The over USD 3 billion deal with France for upgrading the Mirage 2000 aircraft of the Indian Air Force (IAF) is expected to be considered by the Cabinet Committee on Security (CCS) at its next meeting.