As everyone claim, Dassault Reliance JV was not formed in 2016, but immediately after Modi’s announcement
My piece
thewire.in/government/nar…
CEO Eric Trappier says Dassault and HAL signed a work share agreement. “This is the first time Dassault agrees to be a co-contractor.”
aviationweek.com/defense/dassau…
Eric Trappier On the Price Escalation: in euros, its cost has not increased since 2012. And the euro’s depreciation compared to the US dollar makes Rafale more competitive than its foreign competitors
defense-aerospace.com/articles-view/…
The deal to purchase 126 Rafales is now "95 percent completed," with Dassault Aviation working with the Indian authorities to review thousands of contract pages - Eric Trappier
thewire.in/government/raf…
defensenews.com/2015/03/26/das…
PM informs the clueless Defence Minister Manohar Parrikar about his decision to purchase less number of Rafale in fly away condition
business-standard.com/article/curren…
The then foreign secretary says PM’s visit will not alter the ongoing negotiations between Dassault Aviation, GoI, IAF and HAL and nothing related to Rafale in PM’s official itinerary
mea.gov.in/Speeches-State…
Dassault Group’s Newspaper Le-Figaro quotes French President Hollande and says discussion for 126 Rafale is in advanced stage and he expects the deal to be concluded soon
video.lefigaro.fr/figaro/video/v…
PM Narendra Modi announces: “I have asked President (Francois Hollande) to supply 36 ready-to-fly Rafale jets to India”.
The then DM Parrikar says,the decision to go for 36 Rafale was taken by Modi himself! He says, 126 aircrafts would have had a total cost of 90,000 crore and Modi’s deal will be much cheaper, though he didn’t have the complete information!
Dassault Aviation formed a JV with either a yet to born company then or a company which was just born and HAL was kicked out of the deal
resource.globenewswire.com/Resource/Downl…
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Amazing Spin!
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Read the date: 28 March 2015*
Please read as: Negotiations with Dassault for Rafale didn’t fail**