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Rafale Deal: Dassault-Reliance venture is just 10% of offset obligation
Updated On: 13 October, 2018 10:20 AM IST | New Delhi | Agencies
CEO Eric Trappier says the company is negotiating with 100 Indian firms to meet the requirements of the Defence Procurement Procedure

Cops walk past a billboard used during a protest by the Youth Congress against the alleged scam in the Rafale deal, in Bengaluru. Pic/PTI
Dassault Aviation CEO Eric Trappier has said that the company's joint venture with Reliance in Nagpur represents only about 10 per cent of the offset obligations in the deal to purchase 36 fighter jets from France and it is in negotiations with about a 100 Indian companies to meet the requirements under the Defence Procurement Procedure of the Indian government.
"In full compliance with this regulation, Dassault Aviation decided to set up the DRAL joint venture with Reliance and build a plant in Nagpur, which should enable us to meet about 10 per cent of these offset obligations. We are in negotiations with about a 100 Indian companies and partnerships have already been concluded with about 30 of them," Trappier said. He again made it clear that Dassault Aviation, which manufactures the Rafale jets, chose its offset partner.

