India signs accord with France to purchase 36 Rafale

[Ankit Kumar]

Its Not Mere statement its Official Clause of an IGA agreement that is according to New DPP 2016.Retracting From which heavy Penalties will be imposed

Of what i hear 36 fighter are cost around 4.5 Billion $ Rest maintenance contract and the weapons suite +Spares
"The current contract under negotiation includes an offset clause which stipulated that France will have to invest 50 percent of the contract value as offsets in India."
http://thediplomat.com/2016/01/fren...lion-rafale-deal-to-be-signed-within-a-month/

Yes cost of 36 aircrafts is 4.32 Billion dollars , more or less. That's right.
And what we want = 50% offset. That's also true.

But what we will be getting will not be more than 30%. Do mark it.This has been conveyed by the french side.

 

[cerberus]

Yes cost of 36 aircrafts is 4.32 Billion dollars , more or less. That's right.
And what we want = 50% offset. That's also true.

But what we will be getting will not be more than 30%. Do mark it.This has been conveyed by the french side.

Really what absured statement French signed Government to government agreement with 50% offset clause .The files of the agreement is exchanged btw both parties.


Sir don't you know that what are legalities of the contract.if there is breach you should have to play penalties

French are not that stupid that will jeopardize diplomatic relation for a small term deal

French Fm said than france will invest 10 billion $ in other make in india projects
http://m.timesofindia.com/india/Ind...-over-cost-of-Rafale/articleshow/50724401.cms