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Teluguhero Side Hero Username: Teluguhero Post Number: 2878 Registered: 04-2008 Posted From: 76.106.197.158 Rating: N/A |
https://www.opindia.com/2018/09/fact-check-here-are-facts-of -rafale-deal-that-are-being-selectively-ignored-by-politicia ns/ Fact Check: Here are facts of the Rafale deal that are being selectively ignored by politicians As the election season approaches, Rahul Gandhi has determined that the Rafale deal is the best strategy to corner Narendra Modi government and every day he and his party is making numerous accusations about the deal. And these accusations are being further circulated on mainstream media and social media. Many people forward such messages thinking that to be true, without knowing the fact. In that context, it is important to look at some of these accusations in an objective manner. HAS MODI TAKEN AWAY THE CONTRACT TO MAKE RAFALE IN INDIA FROM HAL AND GIVEN IT TO RELIANCE? No. This allegation is totally false. The 36 jets that India will be purchasing from France, will be 100% manufactured in France. India is buying them off-the-shelf. Not a single Rafale jet will be manufactured in India. So the question of either HAL or Reliance making it in India does not even arise. If India decides to buy any more Rafale fighters, they may be made in India in future, but that will be under a separate agreement. HAS ANIL AMBANI GOT A CONTRACT WORTH US$ 20 BILLION? No. India will pay US $8.9 billion for the 36 fighter jets. And as per offset obligations imposed by India, Dassault will have to invest back 50% in India. Although Rahul Gandhi had initially alleged that Reliance will benefit by US$ 4 billion, approximately the entire offset amount, later he added US$ 16 billion for âRafale lifecycle Contractâ that Reliance was supposed to get. Rahul Gandhi â @RahulGandhi Dear Trolls, I apologise for my earlier tweet in which I stated Mr 56âs friendâs JV, received 4 Billion US$âs of âoff setâ contracts. I forgot to add the 16 Billion US$ RAFALE âlifecycleâ contract ð² 20 BILLION US$, is the actual benefit. So Sorry!!#130000CroreRafaleScam 09:52 - 27 Jul 2018 39.7K 19.2K people are talking about this Twitter Ads information and privacy No so-called âlifecycleâ contract has been signed by anyone, no such deal exists. This is purely a falsehood of âClown Princeâ as Arun Jaitley has christened him recently. And no, Reliance is not getting the entire value of offset investment either. Both US$ 20 billion and US$ 4 billion figures are baseless. IS RELIANCE IS THE SOLE PARTNER OF DASSAULT IN INDIA FOR THE RAFALE DEAL? No. Reliance is not the only business house that Dassault has partnered with for the offset obligation. So far, Dassault has finalised agreements with 72 different companies to supply various products and services. One company among those 72 is Dassault Reliance Aerospace. The list of Indian Offset Partners of Dassault includes other Indian business groups like L&T, Mahindra Group, Kalyani Group, Godrej & Boyce, Tata group etc. As per the offset clause, Dassault is free to select partners as per its need. And it is not necessary that the offset partners will have to work on the Rafale project only, they can work on any project by Dassault. Dassault is negotiating with tens of other companies for contracts. A jet plane is an extremely complex machine, with thousands of different parts, each manufactured to perfection, that comes from hundreds of different companies. Aircraft manufacturers source their components from all over the world. Even if there was no offset obligation, Dassault will still have to source parts from numerous companies, the offset obligation ensures that some of those companies are from India. Which increases investment in the country, leads to job creation, and help in overall growth in the economy. One significant name in the list is Snecma HAL Aerospace Ltd. It is a joint venture between Hindustan Aeronautics Ltd (HAL) and Snecma (Safran) of France. This joint venture will make parts for Rafale jetâs Snecma M88 engine. Therefore, the allegation that HAL has been completely left out is false. As the jets will be made in France, only some parts of that will be made in India as per offset obligation, and HAL is already a part of that. WHY CHOOSE RELIANCE WHO HAS NO EXPERIENCE IN DEFENCE AND AIRCRAFT MANUFACTURING? The Reliance arm in the joint venture is Reliance Defence, which was formed after Reliance group purchased Pipavav Defence, which is in the business of building warships and other vessels for the Indian navy. This means the company does have experience in the defence sector. Indian defence sector has been opened for private businesses only recently. Thatâs why only a few companies have limited experience in this field, that too in making components, not full products. It may be noted during the earlier round of bidding for MMRCA during UPA government, Dassault had tied up with Mukesh Ambaniâs Reliance Aerospace, which was a newly formed company without any experience in defence or aircraft business. SO WHAT IS THE DEAL WITH RELIANCE? The 36 Rafales will not be made in India, so itâs a no-brainer that Reliance will not be making that. But the interesting point is, they are not even making parts for it. Yes, at present Dassault Reliance Aerospace is not even making parts for Rafale like HAL and some Indian companies will be doing, forget the whole plane. The company is making parts for the Falcon 2000 civil jet plane that is manufactured by Dassault Aviation. This company is now part of the global supply chain network of Dassault, and they have already started manufacturing parts and sending them to assembly plants. Dassault will be investing around ⬠100 million in the joint venture with Reliance as part of offset obligations related to the Rafale deal, which is less than 3% of the total offset obligation. Reliance is not getting US$20 billion or even US$4 billion as Rahul Gandhi seems to believe, the current investment is less than USD$ 120 million. This is the current position. In future Dassault will get some parts for Rafale made in Dassault Reliance Aerospace, as the company has mentioned in their counter to the allegations of ex-French president Hollande, just like dozens of other offset partners will make various Rafale parts. Reliance has also signed a JV with Thales, which is a major component supplier of Rafale and they also have offset obligations. At present their investment with Reliance is not known. Therefore in future Relianceâs share in offset investment will go up, but that will never be US$ 20 billion or even US$ 4 billion, that is because several other offset partners are there. WHAT WAS HOLLANDEâS ALLEGATION? Basically, nothing. First, French magazine Mediapart quoted the former French President as saying that the government of India had suggested Reliance to France. Following that statement, the French government and Dassault Aviation issued statements. The French government said that they have nothing to do with the deal between Dassault and Reliance. Dassault said that there was no pressure and Dassault had chosen Reliance on their own. Following this, Associated French Press quoted Hollande saying that he is not aware of any pressure applied by the Indian government and France has nothing to do with the deal. That if any pressure was applied, only Dassault can say. Dassault, as already mentioned, had already denied these allegations. Yes, Anil Ambani got a contract for making parts for a legacy business jet that aviation operators and high net worth individuals buy, not a modern 4.5 generation Medium Multi-Role Combat Aircraft that Indan government is buying. | ||
Teluguhero Side Hero Username: Teluguhero Post Number: 2876 Registered: 04-2008 Posted From: 76.106.197.158 Rating: N/A |
WHY CHOOSE RELIANCE WHO HAS NO EXPERIENCE IN DEFENCE AND AIRCRAFT MANUFACTURING? The Reliance arm in the joint venture is Reliance Defence, which was formed after Reliance group purchased Pipavav Defence, which is in the business of building warships and other vessels for the Indian navy. This means the company does have experience in the defence sector. Indian defence sector has been opened for private businesses only recently. Thatâs why only a few companies have limited experience in this field, that too in making components, not full products. It may be noted during the earlier round of bidding for MMRCA during UPA government, Dassault had tied up with Mukesh Ambaniâs Reliance Aerospace, which was a newly formed company without any experience in defence or aircraft business. SO WHAT IS THE DEAL WITH RELIANCE? The 36 Rafales will not be made in India, so itâs a no-brainer that Reliance will not be making that. But the interesting point is, they are not even making parts for it. Yes, at present Dassault Reliance Aerospace is not even making parts for Rafale like HAL and some Indian companies will be doing, forget the whole plane. The company is making parts for the Falcon 2000 civil jet plane that is manufactured by Dassault Aviation. This company is now part of the global supply chain network of Dassault, and they have already started manufacturing parts and sending them to assembly plants. Dassault will be investing around ⬠100 million in the joint venture with Reliance as part of offset obligations related to the Rafale deal, which is less than 3% of the total offset obligation. Reliance is not getting US$20 billion or even US$4 billion as Rahul Gandhi seems to believe, the current investment is less than USD$ 120 million. This is the current position. In future Dassault will get some parts for Rafale made in Dassault Reliance Aerospace, as the company has mentioned in their counter to the allegations of ex-French president Hollande, just like dozens of other offset partners will make various Rafale parts. Reliance has also signed a JV with Thales, which is a major component supplier of Rafale and they also have offset obligations. At present their investment with Reliance is not known. Therefore in future Relianceâs share in offset investment will go up, but that will never be US$ 20 billion or even US$ 4 billion, that is because several other offset partners are there. https://www.opindia.com/2018/09/fact-check-here-are-facts-of -rafale-deal-that-are-being-selectively-ignored-by-politicia ns/ | ||
Teluguhero Side Hero Username: Teluguhero Post Number: 2875 Registered: 04-2008 Posted From: 76.106.197.158 Rating: N/A |
HAS MODI TAKEN AWAY THE CONTRACT TO MAKE RAFALE IN INDIA FROM HAL AND GIVEN IT TO RELIANCE? No. This allegation is totally false. The 36 jets that India will be purchasing from France, will be 100% manufactured in France. India is buying them off-the-shelf. Not a single Rafale jet will be manufactured in India. So the question of either HAL or Reliance making it in India does not even arise. If India decides to buy any more Rafale fighters, they may be made in India in future, but that will be under a separate agreement. HAS ANIL AMBANI GOT A CONTRACT WORTH US$ 20 BILLION? No. India will pay US $8.9 billion for the 36 fighter jets. And as per offset obligations imposed by India, Dassault will have to invest back 50% in India. Although Rahul Gandhi had initially alleged that Reliance will benefit by US$ 4 billion, approximately the entire offset amount, later he added US$ 16 billion for âRafale lifecycle Contractâ that Reliance was supposed to get. https://www.opindia.com/2018/09/fact-check-here-are-facts-of -rafale-deal-that-are-being-selectively-ignored-by-politicia ns/ | ||
Scallion Side Hero Username: Scallion Post Number: 4828 Registered: 09-2014 Posted From: 104.179.14.202 Rating: N/A |
ee nikar gaalu chepe abadalaki intha kante nigarsanam inkemi kaavali idi Reliance aviation owned by Mukesh and it had a minor contract compared to HAL
IDI Reliance defense owned by anil with zero track record and a 12 day baby kikiki | ||
Teluguhero Side Hero Username: Teluguhero Post Number: 2874 Registered: 04-2008 Posted From: 76.106.197.158 Rating: N/A |
https://www.opindia.com/2018/09/all-you-need-to-know-about-i ndias-association-with-dassault-process-to-purchase-rafale-s ince-2004/ All you need to know about Indiaâs association with Dassault and process to purchase Rafale since 2004 Indian Air Force is authorized for 42 squadrons of fighter jets for effective defence on our borders, but its current strength is depleted to only 34 squadrons. The following timeline depicts the flow of events since 2004 â 2004 â to strengthen the depleting squadrons of Indian Air Force, Vajpayee government initiated the original proposal to buy 126 fighter jets but they were moved out of power 2007 â UPA government finally initiated RFP for 126 aircrafts 2012 â Dassault declared L1 winner based on the approval of Rafale aircraft by Indian Air Force 2012 â Dassault starts signing offset agreements with Indian partners including Reliance. This was reported in 2012 in leading publications including Reuters, livemint, Rediff, Times of India etc. 2012 (when Dassault was selected as RFP winner and contract negotiations started) â the deal on the table was to buy 18 aircraft in flyaway condition from France and 108 to be made locally by HAL 2013 (during negotiations) â Dassault refused to take responsibility for the 108 aircraft manufactured by HAL. Their position was that India should sign two separate contracts â one with Dassault for 18 planes in flyaway condition Another contract with HAL for 108 manufactured (assembled) by using kits supplied by Dassault The above was a fair point but Government (UPA) wanted Dassault to own full responsibility for all 126 aircraft. Dassault refused to sign the contract for planes manufactured by HAL and the deal didnât move forward Result: deadlock â standstill â no progress â the deal was blocked while IAF was impacted by depleting squadrons 2014 â Modi government resolved the deadlock, agreed for the planes to be bought in flyaway condition from Dassault â and increased the number from 18 to 36 Local manufacturing of remaining planes shelved for now and to be pursued separately â hence HAL was out of consideration (for Dassault) Reliance is still in because of offset clause â offset requires Dassault to buy components from local Indian companies (invest 50% of the deal) This supply of components could be for not just Rafale planes â but for other businesses of Dassault including civil aircraft like Falcon too Hence Reliance and other Indian companies are now embedded in the global supply chain of Dassault â which is a win-win in the long term Reliance and other companies are supplying parts, not manufacturing planes â hence the comparison with HAL is baseless â these are two separate parts of the deal. That too, not for Rafale immediately. As part of the offset clause, Dassault needs to invest 50% of the deal (Euro 4 billion) in buying components from Indian companies For offset â Dassault has signed up with 72 Indian partners â Reliance is just one of them. The complete list of offset partners is accessible here and it includes Tata, Mahindra, L&T, Godrej etc. among others For the remaining aircraft to be procured through local manufacturing â since Dassault was not partnering with HAL, India is tying up with other companies like Boeing F/18, Lockheed Martin F-16 and Saab Gripen These companies are in the process of partnering with HAL, Mahindra, Adani and other Indian companies for local manufacturing In Rafale deal, offset partners are chosen completely by Dassault â they are free to choose who they spend their 4 billion on â Indian government or French government has no say in that By the way â it is more expensive to make planes in India because, in absence of modern technology, HAL takes 3 times more man hours HALâs production estimate for Rafale in man-hours was 2.7 times higher than the ones by Dassault. This is in line with 2012 report by India Today on Sukhoi planes where it worked out much cheaper to directly buy the planes from Russia than HAL manufacturing (assembling) them in India Summary: For 10 years UPA bought nothing while IAFâs squadrons were fast depleting Modi government moved fast to go ahead with the purchase and dropped the local manufacturing part because it had become a showstopper for the Dassault deal Local manufacturing is now being pursued with other partners, so essentially not HAL, but Dassault is out of local manufacturing In Rafale deal, Reliance and other partners including Tata, Mahindra, L&T, Godrej etc. are involved for supplying components to Dassault â they have been chosen by Dassault and have been involved since 2012 India invested 8 billion in buying the planes but 50% (4 billion) will come back to Indian companies as part of offset clause Many Indian suppliers will get embedded in the global supply chain for Dassault which is a long-term strategic benefit IAF will start getting modern state of the art (and possibly nuclear-armed) fighter jets by 2019 and more from other manufacturers instead of waiting forever and helplessly seeing their squadrons getting depleted The above are indicators of a deal that spells all round positive for India. Glaring holes in scam theory: Meanwhile, check this 18 seconds video where the opposition has quoted four different prices for Rafale deal at four different occasions. None of these is relevant anyway if the deal was never closed There are also four different scam values quoted by them so far. The last one is particularly interesting because they are alleging 1 lakh 30 thousand crore scam â in a deal whose total value is only 59000 crores |