Dassault Aviation CEO, Éric Trappier spoke exclusively to Manu Pubby of The Economic Times, where he cleared the air regarding various controversial questions ranging from the choice of RelianceNSE 1.37 % as a partner for the joint venture to the deal itself.
Rafale deal controversy relates to the purchase of 36 multi-role fighter aircraft by the Indian Defence Ministry from France’s Dassault Aviation.
Here's what Éric Trappier said during the interview:
*Basic premise of Dassault giving Rs 30,000 crore worth of offset contracts to Reliance is totally unfounded and untrue as it was a joint venture with each company contributing its respective shares. He said Dassult is helping Reliance with capital for them to manufacture parts of the aircraft
*Dassault holds a 49% stake bringing in its 90 years of aerospace manufacturing experience, making it the “most qualified vendor”.
*On Former French President François Hollande's statement that it was compulsory to sign up with Reliance to get the contract for the aircraft Trappier said, Mr Hollande offered a clarification that the two firms chose each other mutually and nobody was coerced into signing the deal.
*He also categorically stated that there was no push from the Indian government to chose Reliance as its partner.
25/10/18 Economic Times
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Rafale deal controversy relates to the purchase of 36 multi-role fighter aircraft by the Indian Defence Ministry from France’s Dassault Aviation.
Here's what Éric Trappier said during the interview:
*Basic premise of Dassault giving Rs 30,000 crore worth of offset contracts to Reliance is totally unfounded and untrue as it was a joint venture with each company contributing its respective shares. He said Dassult is helping Reliance with capital for them to manufacture parts of the aircraft
*Dassault holds a 49% stake bringing in its 90 years of aerospace manufacturing experience, making it the “most qualified vendor”.
*On Former French President François Hollande's statement that it was compulsory to sign up with Reliance to get the contract for the aircraft Trappier said, Mr Hollande offered a clarification that the two firms chose each other mutually and nobody was coerced into signing the deal.
*He also categorically stated that there was no push from the Indian government to chose Reliance as its partner.
25/10/18 Economic Times
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