French journal says deal with Anil Ambani’s Reliance Defence was mandatory for winning Rafale deal

Reliance Is The World’s Costliest Energy Stock To Own

In a serious breakthrough, an inner doc of Dassault Aviation accessed by the French investigative journal Mediapart revealed on Wednesday, October 10, that selecting Anil Ambani’s Reliance Defence because the offset accomplice in India was mandatory to Rafale fighter jets deal. The French day by day used the phrase ‘contrepartie’ to explain Reliance because the offset accomplice, the time period in English means ‘counterpart’, as reported by the NDTV.

The revelations are prone to set off one other row over India-France Rafale deal, which was signed in 2015 after a perennial discussions between Prime Minister Narendra Modi after which French President Francois Hollande. Last month the deal hogged headlines after Hollande in an interview claimed that the Indian authorities proposed Ambani’s Reliance Defence because the accomplice in 58,000 crore deal and France didn’t have a alternative however to just accept it.

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The ruling BJP and Opposition events, together with Congress, have been at loggerheads following Hollande’s assertion. Modi authorities has been accused of selecting not-so beneficial Ambani’s Reliance Defence.

In 2015, Prime Miniter Narendra Modi after numerous rounds talks introduced that the Indian authorities will purchase 36 French -manufactured Rafale fighter jets from Dassault Aviation, a French plane builder. The deal resulted in an issue as there have been lots of hiccups over the prices of the plane.

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