Monday, November 23, 2015

India-France Rafale fighter deal

India-France clinched Rs 30,000 crore offset deal on 36 Rafale fighter aircraft. Both nations have firmed up an understanding on the offsets segment under which the Frenchhave agreed to invest 50% of the deal’s worth.
  • French aircraft manufacturer Dassault had reached out to Indian companies in the defence and security industry for possible Make in India partnerships.
  • This will make it one of India’s biggest-ever offsets deals.

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