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Showing posts with label Offset Clause in Indian Defence Deals. Show all posts

India imposed $43 million as penalty on Foreign Arms Companies India imposes penalty on Foreign Arms companies for delay in discharging offsets Offset Clause in Indian Defence Deals

India has imposed $43 million penalty on foreign arms companies for delay in discharging offsets

Admin IgMp4/05/2022 02:12:00 PM

Source : The Times of India Representative Image New Delhi: India has imposed penalties amounting to $43 million against foreign vendors in...

India fines French firm Dassault Aviation over offset implementation delays

Admin IgMp12/21/2021 08:26:00 PM

Source : Defense News Photo Credit : Reuters The Indian government imposed a fine on French company Dassault Aviation last month over delays...

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India's growing Military power - IgMp is an Indian defense news website that provides up-to-date news and information on the Indian defence and Global Geopolitics. The website has a team of experienced men who are dedicated to reporting on the latest news and developments in the Indian defence and Global Geopolitics. The website is regularly updated with news stories, analysis, and opinion pieces on the latest Indian Armed Forces and other developments in India and around the world. If you're an ardent fan of Indian Armed Forces and especially fond of keeping a close watch on defence updates and Global Geopolitics, then IgMp is the perfect destination for you. Thanks for being here with us.

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India has imposed $43 million penalty on foreign arms companies for delay in discharging offsets

India fines French firm Dassault Aviation over offset implementation delays

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