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India Signs $8.7B Deal With France for 36 Fighter Jets

India, which has emerged as the world's largest arms importer in the last five years, signed an $8.7 billion deal to buy 36 fighter jets from France - one of the biggest defense deals in recent years.   The high-tech Rafale jets will modernize the air force of the South Asian country that faces rivals Pakistan in the west and China in the north and east.   Indian Defense Minister Manohar Parrikar and his French counterpart Jean Yves Le Drian signed the pact on Friday in New...

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