Livefist has obtained access to the first comprehensive details of France’s plans on what will easily be the most challenging component of the Rafale deal: the offsets. Offsets involve investments and sourcing that companies manufacturing the Rafale must make in India amounting to half of the deal’s €7.87 billion value.
AS A POLITICAL STORM INTENSIFIES AROUND INDIA’S €7.87 billion deal for 36 Rafale fighter jets from France, and substantial fire focused through allegations of preferential corporate partnerships for the €4 billion in offsets that Dassault Aviation and its partners need to execute, the Narendra Modi Government today pushed out more information by way of an answer in Parliament. The answer not only republished cost figures, with the important disclaimer that these figures didn’t take into account the cost of India-specific modifications, weapons and other services, but also cleared the air on allegations over whether India’s apex Cabinet Committee on Security was in the loop on the Rafale deal.
But as the government prepares to fight off in Parliament what appears to be a dogged opposition attack on the deal, Livefist has obtained access to the first comprehensive details of France’s plans on what will easily be the most challenging component of the Rafale deal: the offsets. Offsets involve investments and sourcing that companies manufacturing the Rafale must make in India amounting to half of the deal’s €7.87 billion value. The offsets are to be executed within seven years from the time the deal was signed — by 2023, that is.
This story is from the April 2018 edition of SP’s Aviation.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the April 2018 edition of SP’s Aviation.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
CZECH REPUBLIC ORDERS TWO EMBRAER C-390 MILLENNIUM MULTI-MISSION AIRCRAFT
The Czech Republic becomes the fourth NATO member to acquire the C-390 Millennium
LOCKHEED CONSTELLATION: "CALL ME CONNIE!"
In October 1961 the IAF's No. 6 Squadron \"Dragons\" added nine retired Air-India International Super Constellations to its fleet. Seven of these were modified for Maritime Reconnaissance. Two Super Connies served as freighters or troop carriers.
INDIA AND US SIGN GA'S MQ-9B PREDATOR DRONES; AGREEMENT ON ESTABLISHING MRO FACILITY IN INDIA
General Atomics Predator Drones represents a pivotal asset for India's defence capabilities, particularly in enhancing ISR and strike capabilities
"WE FORESEE POTENTIAL SUPPLIERS ACROSS DEFENCE, COMMERCIAL AVIATION AND EXECUTIVE JETS BUSINESSES GIVEN THE ADVANCE AEROSPACE ENGINEERING CAPABILITIES IN INDIA."
In an exclusive interaction, Frederico Lemos, Chief Commercial Officer, Embraer Defense & Security speaks with Jayant Baranwal, Editor-in-Chief, on a range of subjects concerning their increased global footprint, especially on expanding their partnership with India
SHOWCASING POWER OF COLLABORATION
Exercise Tarang Shakti, India's largest multinational air exercise aimed at enhancing interoperability and strengthening operational capabilities, also demonstrated India's growing stature in global military and defence production
INDIA'S QUEST FOR INDIGENOUS JET ENGINE REMAINS AT THE THRESHOLD
While the Ministry of Defence (MoD) has denied the reports to impose penalties on GE over the delays of the F404 jet engine, India's quest for the indigenous jet engine remains at the threshold in search of its IPs and tech
LCA MKIA DELAYED, MRFA ON SLOW MODE - IMPLICATIONS FOR IAF
The IAF is currently operating at around 30 squadrons, well below the authorised strength of 42 squadrons, and defence analysts recommend 50 squadrons to handle a two-front conflict
A BOLDER APPROACH TOWARDS BUILDING CAPABILITY INDIGENOUSLY - AIR CHIEF MARSHAL A.P. SINGH
The annual press day by Chief of the Air Staff Air Chief Marshal A.P. Singh was a testament to the Indian Air Force's strategic vision for modernisation and self-reliance
'IAF AIMS TO BE AN AGILE AND ADAPTABLE AIR FORCE'
On the occasion of the 92nd IAF Day, Jayant Baranwal, Editor-in-Chief, SP's Aviation spoke extensively to Air Chief Marshal A.P. Singh, Chief of the Air Staff, on a range of subjects concerning the Indian Air Force
KEY ELEMENTS OF SAF (SUSTAINABLE AVIATION FUEL)
With SAF being constantly pushed as a panacea, a reality check is essential. The journey to achieve net zero by 2050 will in truth be long, arduous and terribly expensive. Success is by no means assured without urgent measures.
