After winning contract for supplying 126 Rafale fighter aircraft to IAF, French Dassault Systems has opened an Indian subsidiary company in India.The company named Dassault Aircraft Services India Private Limited ( DASIPL) has been set up recently and it is 100 per cent owned by its French parent company.
Dassault is presently negotiating the terms and conditions, and the final price of the aircraft. with GoI , DASIPL is headed by Richard Lavaud (French).
Dassault has also entered into an agreement with Reliance Industries Limited (RIL) for partnering in defence and homeland security sectors in the country.
There was a possibility that DASIPL and Reliance work together in the combat aircraft deal.
After finalising the deal, Dassault will have to reinvest 50 per cent of the contract's worth back into the Indian defence sector.
Dassault is presently negotiating the terms and conditions, and the final price of the aircraft. with GoI , DASIPL is headed by Richard Lavaud (French).
Dassault has also entered into an agreement with Reliance Industries Limited (RIL) for partnering in defence and homeland security sectors in the country.
There was a possibility that DASIPL and Reliance work together in the combat aircraft deal.
After finalising the deal, Dassault will have to reinvest 50 per cent of the contract's worth back into the Indian defence sector.