Wednesday, November 07, 2018

HAL not contending to be offset partner of any manufacturer: MD

Bengaluru: Amid a political slugfest over the Rafale fighter jet deal, state-run HAL's chairman and managing director R Madhavan Wednesday said the aircraft manufacturing company is contending not to be an offset partner of any original equipment manufacturer.

But it would like to be a "total technology transfer partner" for production of aircraft, he said.

Madhavan's reply came when he was asked to clarify on one among many charges that defence PSU Hindustan Aeronautics Limited (HAL) had been deprived of an offset contract from the Rafale deal.

"We are not contending to be an offset partner to any OEM, rather HAL would like to be a total technology transfer partner for production of aircraft," he told PTI here.

He also said HAL's basic focus was on manufacturing of aircraft, helicopters, associated accessories and their repair and overhaul, and not in garnering offset business.
07/11/18 PTI/Times of India

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