NEW DELHI and LONDON — The Indian government has named Dassault Aviation’s Rafale offering ahead of the Eurofighter Typhoon as the “lowest bidder” in the competition to supply at least 126 medium multi-role combat aircraft (MMRCA) to the Indian air force. The development effectively means Rafale has won the $11 billion competition unless contractual talks now due to unfold in the coming months derail and prevent a deal from being signed. Industrial offset and other details still need to be worked out.

Indian airlines and other operators are expected to add about 1,000 fixed-wing aircraft and 250 helicopters over the next five years to keep pace with rising demand, the country’s Planning Commission says. According to government estimates, scheduled airlines are likely to induct nearly 400 aircraft into their fleets and non-scheduled operators would include 300 business jets, 300 other small aircraft and 250 helicopters

NEW DELHI — The value of aerospace and defense (A&D) exports from India is likely to reach $2 billion by the end of India’s current fiscal year on March 31, according to the country’s leading industry body. With 18% growth during the first three quarters, aircraft exports including component parts stood at about $1.31 billion, versus $1.11 billion in the year-ago period, according to the Associated Chambers of Commerce and Industry of India.