Initiated in 2003, these exercises were tasked with boosting cooperation and interoperability between the Russian and Indian navies.
To an average reader, it may seem like the offset agreement is still in force when the deal between Russia and India were signed.
Rafale deal: French govt and Dassault both rubbish Hollande’s claim on Indian govt ‘suggesting’ Reliance
Dassault has officially stated that partnership with Reliance Defence was its own choice and it is presently negotiating with a hundred more companies for investments in India.
“The S-400 deal has been on for a very long time and we have reached the final stage of negotiations. That explains it," she added.