Mirage 2000 Upgrade Offsets Deal to Benefit India’s Tata Group
12:00 AM, July 13, 2011
French companies, Dassault, Thales and MBDA which have together won a US$2.4 billion Indian Mirage 2000 upgrade deal will have to plough back 30% of the contract value as offsets into Indian companies. India’s Tata industrial group will be the main beneficiary of this offsets program. Informed sources told defenseworld.net that Tata group Chairman Ratan Tata and senior group executives held extensive discussions with their Dassault counterparts at the Paris Air Show last month. The offsets program will bring work to the Tata group in aero structures, communications systems and other advanced aeronautical systems. The total offsets work package will involve several other Indian companies as well. This will be first major offsets program involving advanced aeronautical systems in India and will grow its capability in the manufacturing of avionics, communications and weapons control systems.
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