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'Reliance partnership was our choice'
Updated On: 23 September, 2018 09:00 AM IST | New Delhi | Agencies
After former French president Francois Hollande's disclosure, Dassault Aviation issues statement on contract with Reliance Group; Indian government says it had 'no role' in selection

CEO of Dassault Aviation Eric Trappier, French Defence Minister Florence Parly and chairman of Reliance Group Anil Ambani at the stone-laying ceremony of Dassault Reliance Aerospace Ltd last year. File pic/AFP
Confirming the Indian government's stand on the offsets agreement between Dassault Aviation and Reliance Group, the former, in a statement clarified that Reliance Group was chosen in compliance with the Defence Procurement Procedure (DPP) 2016 regulations.
It further said that although the Rafale deal was a contract between the Indian and the French governments, it provided for a separate contract in which Dassault Aviation committed to making compensation investments (offsets) in India equivalent to 50 per cent of the value of the purchase. "This offsets contract is delivered in compliance with the Defence Procurement Procedure (DPP) 2016 regulations.
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