PARIS Air Show India's Rafale Buy Spurs Offset Biz
by Neelam Mathews - June 12/15 2015, 9:50 AM The clearance for the acquisition of 36 Dassault Rafales as part of India’s medium multi-role combat aircraft bid, following Indian Prime Minister Narendra Modi’s visit to France in April, is attracting small and medium companies to enter into partnerships to provide offsets for the $4.24 billion deal. The latest to enter the fray is India’s OIS-AT (Hall 5 D210), which has signed a joint venture with French company Rafaut (Hall 2B C157), a specialist in weapons for aircraft interface devices. OIS-AT (Offset India Solutions-Advanced Technology) will “leverage Rafaut’s know-how on the manufacture of pylons and allied interface equipment that carry munitions and stores on aircraft and helicopters, at a new facility planned in Bengaluru [formerly Bangalore],” said the Indian company. Universal or specific pylon design, development and production are parts of Rafaut’s core business. For...
