Reliance share in Rafael is only 10%

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Paris: Former French President François Hollande’s comments on the Rafael Agreement have provoked political turmoil. However, on the agreement, the French firm Dosso Aviation CEO Eric Trepper spoke in an interview. Eric said the joint partnership with Reliance in Rafael Agreement is just 10 percent of Dosso’s share. We have been discussing with 100 more Indian companies for the deal.

“Indian companies should be in accordance with Indian laws to deal with foreign companies. In accordance with the rules, the joint venture with Dosa Aviation Reliance has been set up to build a plant in Nagpur. It is only 10 percent of the deal with Rafael Deal. We are discussing 100 more Indian companies. We have already shared with about 30 companies, “Eric said.

Asked about why Reliance was selected instead of Hindustan Aeronautics Limited, Dixon Reliance Aerospace Ltd (DARL) is looking forward to the long-term presence in India through the joint venture. We will produce Rafael and Falcon 2000 equipment from the Nagpur plant under the joint venture, “he said.

Former French President Hollande’s comments led to the political controversy that the Indian government had selected Reliance Defense of Anil Ambani for the Rafael Agreement. But Dosso has been saying that there is no one in that, and voluntarily selected Reliance.

 

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