Ab is deal ka full scene kya hai, chalo details mein jaate hain.
Deal Ka Main Purpose: Force ko Strong Karna Aur India Mein Production!
DAC ne jo 114 Rafale jets ka approval diya hai, uska total cost lagbhag ₹3.25 lakh crore hone wala hai. Sabse important baat yeh hai ki Indian Air Force (IAF) mein fighter jets ki kaafi kami chal rahi hai; abhi unke paas sirf 29 squadrons hain jabki unhe 42 chahiye. Toh yeh deal unki air power ko ekdum next level par le jayegi.
Aur sirf jets kharidna hi nahi hai, is deal mein 'Make in India' initiative ko bhi bada promote kiya jayega. Reports ke mutabik, 18 jets toh France se ready ban kar aayenge, lekin baaki 96 jets India mein hi assemble honge. Target hai ki ismein 60% tak ka indigenous content ho. Matlab, India mein hi defense manufacturing ka ecosystem aur strong hoga, jo ekdum solid move hai.
Dassault Aviation Ki Valuation Aur Market Ka Kya Kehna?
Ab baat karte hain France ki Dassault Aviation ki. Company ke liye toh yeh ekdum jackpot hai. Unke share prices abhi around €321.60 par trade ho rahe hain. Company ka market cap lagbhag €25.95 billion hai, aur unka P/E ratio (TTM) 31.73 ke aaspaas hai. Yeh ratio unke historical averages se thoda upar hai, jisse lagta hai ki market ko unki future growth par kaafi bharosa hai. Agar competitors ki baat karein toh Lockheed Martin (LMT) jaisa bada player bhi hai, jiska market cap $144 billion ke aaspaas hai, par Dassault bhi pichhe nahi hai.
Yeh pehli baar nahi hai jab India ne Dassault se Rafale liye hain. Pehle bhi 2016 mein 36 jets ka ek bada deal hua tha. Iske alawa, Dassault ne Ukraine ke liye bhi 100 jets ka intent letter sign kiya hai aur Serbia, Indonesia se bhi deals ki hain. Future mein yeh jets AI aur advanced tech jaise Rafale F5 standard aur autonomous drone programs ke liye bhi ready honge, matlab jets ko future-proof banaya ja raha hai.
Kya Hain Risks Aur Analysts Kya Bol Rahe Hain?
Lekin, har badi deal mein kuch challenges bhi hote hain. Dassault ko supply chain manage karne aur production rates ko accelerate karne mein mushkil aa sakti hai, jo unke margins aur delivery timelines ko affect kar sakta hai. Kabhi kabhi geopolitical situations ki wajah se stock mein fluctuation bhi dekha gaya hai; jaise May 2025 mein tensions kam hone par stock 7% gira tha. Competition bhi tough hota ja raha hai.
Fir bhi, analysts ka kehna hai ki Dassault ka future bright hai. Bahut saare analysts is stock ko 'Moderate Buy' ya 'Outperform' rating de rahe hain. Unka average target price €331.29 ke aaspaas hai, jo abhi ke price se 14% se 28% tak ka upside dikha raha hai. India deal toh ek long-term revenue stream provide karegi hi, saath mein dusri export opportunities bhi company ke growth ko fuel karengi.