Indian Industry Could Lose Out in Revised Rafale Deal

stlbeacon.org - 8/20/2015

India’s expanding aerospace industry has expressed regret about the government’s decision to buy 36 Dassault Rafale combat jets directly from France, without an offsets clause. Delhi has committed to signing the inter-government contract by the end of calendar year 2015, AIN has learned from sources close to the negotiations. The tender for 126 medium multi-role combat aircraft (MMRCA), which has now been withdrawn, specified 50 percent offsets as well as licensed production of 108 aircraft.

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