Tag Archives: Dassault

India has Rs 1,500 cr bank guarantee on offsets in Rafale deal

India has Rs 1,500 cr bank guarantee on offsets in Rafale deal

India has secured a bank guarantee for about Rs 1,500 crore from Dassault in the Rafale jet deal as a safeguard against any violations of the offset policy prepared in accordance with the Defence Procurement Procedure (DPP), a leading financial …

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