CAG says military offset part of Rafale deal still pending

New Delhi, Sep 24: The country’s top auditor said that Dassault Aviation, the makers of the Rafale have not confirmed the transfer of technology (ToT) to the Defence Research and Development Organisation (DRDO), which was part of the contract. 

The Indian Air Force (IAF) had two weeks back formally inducted five of the 36 Rafale jets ordered from France under a Rs 59,000 crore deal. The Comptroller and Auditor General (CAG) in a detailed report tabled in Parliament doubted that the ToT for a key engine would even take place. It further pointed out that several offset contracts built into multiple defence deals have not yielded the desired results. 

Read more

Author: Vicky Nanjappa

just a reporter

Post your thoughts

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.