Friday, March 5, 2021
Home Editor's picks Dassault CEO Trappier demolishes every claim by Rahul Gandhi, says 'a bit sad' about...

Dassault CEO Trappier demolishes every claim by Rahul Gandhi, says ‘a bit sad’ about the controversy

India has negotiated a 9% discount on the 36 Rafale jets compared to the price of 18 jets in the previous deal

In an exclusive interview given to Economics Times editor Many Pubby, Dassault Aviation CEO Éric Trappier has strongly refuted the allegations made by Congress president Rahul Gandhi. He has said that the figures peddled by Rahul Gandhi regarding the deal are totally false and highly exaggerated.

When asked about the allegation that Dassault has ‘gifted’ ₹30,000 crores in offset business, Trappier replied that it is totally untrue. He informed that the Dassault Reliance Aerospace has been set up with a capital of ₹70 crores, which is a 49:51 joint venture between Dassault and Reliance. That means Dassault investment in the venture is just ₹35 crore, not ₹30,000 crore. He also informed that the capital in JV will be gradually increased as the operations expand, and the plan is to increase the capital in the project to ₹850 crore. So, the Dassault investment in the JV will be around ₹425 crore. And Reliance will also have to invest its portion of 51% in the JV.

The Dassault CEO said that the company will produce parts of business jet Falcon and hoped that maybe, one day a complete Falcon 2000 will be made at Multi-modal International Hub Airport at Nagpur (MIHAN), where DRAL is located.

When asked why Dassault described Reliance as a key partner, he replied that the JV will manufacture the Falcon, its parts and Rafale parts. As these are key products of the company, the JV needs to meet international standards. It is key because they plan to grow the JV to become a global aeronautical company.

Trappier informed that Reliance is not the Indian company they are working with and they in discussion with over 100 companies. The company has already signed up with thirty companies located at various parts of the country.

He reiterated that Dassault was under no pressure to form a JV with Reliance and it was entirely their own decision. He also reminded that the company had formed a JV with (Mukesh Ambani’s) Reliance in 2011-12 itself. Significantly, he said that as Dassault is a family owned company they feel comfortable with another family-owned company like Reliance.

He stressed that according to Defence Procurement Policy the choice of offset partner belongs to the contractor. He said, “when I choose a partner it becomes my responsibility to fulfil the obligations, to quality standards and timing. I made the choice.”

Trappier also rubbished the allegations that India was paying more for 36 Rafale jets than it was supposed to pay in the earlier deal for 126 jets. In the earlier deal during UPA, 18 jets to be made in France and the rest 108 in India by HAL. According to Trappier, the unit cost for the current 36 jets is actually 9% lower than the unit cost for 18 jets in the earlier deal. He said that only the price for 18 and 36 jets bought in flyway condition must be compared, the prices for jets made in India can’t be considered in this case. He also said that if the price was increased, Dassault would not have got the contract.

The CEO has rejected that there is any corruption in the deal as claimed by opponents of the deal in India, and clarified that it is open for an investigation in the matter. “We will prove that there is no corruption. We are open, we are engineers and we want to be in India”, he said.

Trappier said that they only want to develop capabilities in India not only for manufacturing but also for design and development. He said that he is a little bit sad about the controversy because India holds many opportunities that he is enthusiastic about.

  Support Us  

Whether NDTV or 'The Wire', they never have to worry about funds. In name of saving democracy, they get money from various sources. We need your support to fight them. Please contribute whatever you can afford

OpIndia Staffhttps://www.opindia.com
Staff reporter at OpIndia

Related Articles

Trending now

Badminton coach Mathias Boe is also the coach of Pune 7 Aces, owned by girlfriend Taapsee Pannu and KRI Entertainment, both facing I-T probe

Mathias Boe is the coach of Pune 7 Aces, a franchisee badminton team that participates in the Premier Badminton League

Indian Govt should ask badminton coach and Taapsee Pannu’s boyfriend Mathias Boe to quietly do his job or quit

Mathias Boe had tweeted tagging Minister Kiren Rijiju, asking him to do 'something' about the IT raids on his girlfriend Taapsee Pannu

The world praises India as Made-in-India vaccines arrive to help countries start mass-vaccination against Covid

Expressing gratitude, the CARICOM described India as caring country and an example of international cooperation.

India cautions UNSC over weapons of mass destruction falling into the hands of terrorists in conflict regions like Syria

India called for an objective investigation into the alleged use of chemical weapons in Syria and a peaceful resolution of the Syrian conflict.

Anurag Kashyap’s accounts were seized for tax evasion under UPA rule too. Brave dissenter? Netizens ask

As per reports, the I-T raids have unearthed tax discrepancies to the tunes of several hundred crores.

China’s Sinopharm vaccine being developed at a bio-weapons lab operated by PLA, has history of producing sub-standard vaccines: Details

Amidst concerns about the safety of China Sinopharm vaccine, damning disclosures have come out in the public about the lab producing it

Recently Popular

“Are you so creatively bankrupt”? Director of ‘Yeh Ballet’ slams Deepika Padukone starrer new Levi’s ad for plagiarising design ideas

Sooni Taraporevala said that the 'copycat culture' in India needs to be called out and cancelled after the set used in new Deepika Padukone starrer Levi's ad was plagiarised by the makers.

Crores of undisclosed income, unexplained cash receipts and more: IT Dept discovery so far in raids against Anurag Kashyap, Taapsee Pannu

Income Tax department (IT dept) conducted raid on properties linked to filmmaker Anurag Kashyap, actress Taapsee Pannu and others

Her husband used to talk vulgar to girlfriend in front of her: Here is what the lawyer of Ayesha, who jumped into Sabarmati river,...

Ayesha, who committed suicide by jumping into the Sabarmati River in Gujarat on March 1, had a disquiet marital life

Icchadhari protestor Yogendra Yadav finally admits that farmers’ protest is political and is about defeating PM Modi: Read how

Four months after the farmers protest began, Yogendra Yadav has finally admitted that the protests are indeed political

‘Isko maine kaat dala’ – Father beheads daughter after finding her in compromising position, takes the head to police station

After beheading the 17-year-old daughter, Sarvesh Kumar took the head to Majhila police and confessed to the crime

Kiren Rijiju gives befitting reply to ‘befitting reply queen’ Taapsee Pannu’s boyfriend, who wanted the law to bend to his whims

Matthias Boe, boyfriend of actress Taapsee Pannu, had appealed to Kiren Rijiju to 'do something' to help the actress.
- Advertisement -

 

Connect with us

253,210FansLike
522,079FollowersFollow
23,800SubscribersSubscribe