India's Rafale Buy Spurs Offset Biz

The clearance for the acquisition of 36 Dassault Rafales as part of India’s medium multi-role combat aircraft bid, following Indian Prime Minister Narendra Modi’s visit to France in April, is attracting small and medium companies to enter into partnerships to provide offsets for the $4.24 billion deal. The latest to enter the fray is India’s OIS-AT (Hall 5 D210), which has signed a joint venture with French company Rafaut (Hall 2B C157), a specialist in weapons for aircraft interface devices.

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