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Thursday, July 14, 2011

India approves $2.4 bn French Mirage jet upgrade

Mirage 2000 (IAF)India has approved a $2.4-billion deal for French defence groups to upgrade 51 ageing Mirage fighter jets, officials said on Thursday, as the country takes further steps to boost its military capacity.

The long-delayed deal is part of a major modernisation programme being undertaken by India, which has become the biggest importer of military hardware among emerging nations as it enjoys rapid economic development.

"The defence secretary has agreed to the proposal put forward by French defence majors Dassault and Thales and (European group) MBDA for the Mirage-2000 retrofit," a source in the Indian Air Force (IAF) told AFP.

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