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IAF chief BS Dhanoa says no overpricing in Rafale deal


IAF chief BS Dhanoa says no overpricing in Rafale deal
IAF chief BS Dhanoa says no overpricing in Rafale deal
Pitching It As A Great Deal, Dhanoa Told That It Was A “government-to-government Contract And The IAF Was Getting 36 Medium Multi-Role Combat Aircraft (MMRCA) At A Greatly “negotiated Price .
News Nation Bureau | Edited By : Vikas Mehta
| Updated on: 16 Nov 2017, 11:21:24 PM
New Delhi:
Amid questions raised by the Congress party over purchase of French fighter aircraft Rafale by the Centre, the Indian Air Force (IAF) on Thursday asserted that “no overpricing” was done in buying the aircraft and the government had “negotiated a very good” deal. ....

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A point for HAL Nashik to ponder: What after Sukhoi-30MKI fighters?


Since 2005, when Hindustan Aeronautics Ltd (HAL), Nashik, delivered the first “Made in India” Sukhoi-30MKI fighters, it has been HAL’s most lucrative cash cow.
Referred to as the “MiG Complex” since it was established in 1964 for licence manufacture of MiG-21FL aircraft, the Nashik division has traditionally generated 30-33 per cent per cent of HAL’s annual turnover. Last year, it generated Rs 7,000 crore out of HAL’s total turnover of Rs 22,700 crore.
This year, however, HAL’s leadership in Bengaluru is staring at the drying of its steadiest and largest income stream the licensed manufacture in Nashik division of 222 Sukhoi-30MKI fighters, the delivery of which was completed last year. ....

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