HAL-Storm Over Rafale Deal
India Today|October 29, 2018

Indias aerospace PSU giant is starved for orders and struggling to stay afloat. Its also now caught in a political crossfire between the Congress and the government.

Sandeep Unnithan
HAL-Storm Over Rafale Deal

Congress president Rahul Gandhi continued his barrage against the Modi government’s purchase of 36 Rafale fighter jets with a strategically-timed public meeting. He addressed over 100 workers of PSU monolith Hindustan Aeronautics Limited (HAL) outside their corporate headquarters in Bengaluru on October 12. Rahul’s public meeting came just a day after Union defence minister Nirmala Sitharaman’s trip to Paris for the annual India-France defence dialogue, where she was photographed at a Dassault facility assembling Rafale jets for India.

‘HAL is India’s strategic asset. The future of India’s aerospace industry has been destroyed by snatching Rafale from HAL and gifting it to Anil Ambani,’ he tweeted. At the meeting, Rahul called HAL a ‘ temple of modern India’, a line his great grandfather coined for India’s public sector undertakings. Rahul was batting for the desi PSU giant while the government favoured foreign company Dassault and its Indian partner Reliance Defence, which he alleged was getting all the (offsets) business worth Rs 30,000 crore from the Rs 59,000 crore jet deal. The offsets are in fact being split between the four partners in the contract—Jet designer and integrator Dassault, electronics firm Thales, engine maker Safran and weapons maker MBDA, who will tie up with their Indian partners. HAL has partnered with Safran for the offsets, several of which are still being negotiated. (Dassault CEO Eric Trappier clarified on October 12 that Rel iance would get only 10 per cent of the company’s share of offset contracts, estimated to be Rs 6,500 crore.)

هذه القصة مأخوذة من طبعة October 29, 2018 من India Today.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة October 29, 2018 من India Today.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من INDIA TODAY مشاهدة الكل
Killer Stress
India Today

Killer Stress

Unhealthy work practices in Indian companies are taking a toll on employees, triggering health issues and sometimes even death

time-read
10+ mins  |
November 25, 2024
Shuttle Star
India Today

Shuttle Star

Ashwini Ponnappa was the only Indian to compete in the inaugural edition of BDMNTN-XL, a new international badminton tourney with a new format, held in Indonesia

time-read
1 min  |
November 25, 2024
There's No Planet B
India Today

There's No Planet B

All Living Things-Environmental Film Festival (ALT EFF) returns with 72 films to be screened across multiple locations from Nov. 22 to Dec. 8

time-read
2 mins  |
November 25, 2024
AMPED UP AND UNPLUGGED
India Today

AMPED UP AND UNPLUGGED

THE MAHINDRA INDEPENDENCE ROCK FESTIVAL PROMISES AN INTERESTING LINE-UP OF OLD AND NEW ACTS, CEMENTING ITS REPUTATION AS THE 'WOODSTOCK OF INDIA'

time-read
2 mins  |
November 25, 2024
A Musical Marriage
India Today

A Musical Marriage

Faezeh Jalali has returned to the Prithvi Theatre Festival with Runaway Brides, a hilarious musical about Indian weddings

time-read
2 mins  |
November 25, 2024
THE PRICE OF FREEDOM
India Today

THE PRICE OF FREEDOM

Nikhil Advani’s adaptation of Freedom at Midnight details our tumultuous transition to an independent nation

time-read
2 mins  |
November 25, 2024
Family Saga
India Today

Family Saga

RAMONA SEN's The Lady on the Horse doesn't lose its pace while narrating the story of five generations of a family in Calcutta

time-read
2 mins  |
November 25, 2024
THE ETERNAL MOTHER
India Today

THE ETERNAL MOTHER

Prayaag Akbar's new novel delves into the complexities of contemporary India

time-read
2 mins  |
November 25, 2024
TURNING A NEW LEAF
India Today

TURNING A NEW LEAF

Since the turn of the century, we have lost hundreds of thousands of trees. Many had stood for centuries, weathering storms, wars, droughts and famines.

time-read
1 min  |
November 25, 2024
INDIA'S BEATING GREEN HEART
India Today

INDIA'S BEATING GREEN HEART

Ramachandra Guha's new book-Speaking with Nature-is a chronicle of homegrown environmentalism that speaks to the world

time-read
3 mins  |
November 25, 2024