Rafale deal: July target missed on pricing issues, India’s insistence on 50% local spending by France July 31, 2015 at 08:48AM

SOURCE: ECONOMIC TIMES The Rafale deal, rescued by Prime Minister Narendra Modi when he visited France in April, has hit a government air pocket. India’s insistence that France spend 50% of the value of the Rafale deal in Indian defence sector (called an offset requirement) and pricing issues have meant that India and France have missed […]

from idrw.org http://ift.tt/1KEelc6
ref=da&site=blogger">IFTTT