Search This Blog

Wednesday, May 16, 2012

India received $4.2bn in aerospace offsets since 2005

[C-17 Globemaster III]India has received $4.2 billion in offset contracts from defence aerospace programmes since the introduction of its 30% defence offset programme in 2005.

Boeing was the largest contributor with $1.7 billion, defence minister AK Antony said in response to a question in Parliament.

New Delhi received offsets worth $4.3 billion from 17 contracts in total and the aerospace sector was the biggest contributor with 15 contracts.

Read more
om

No comments:

Post a Comment

Note: only a member of this blog may post a comment.

Subscribe to: Post Comments (Atom)

Fair Use Notice

This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.

The material is being made available in an effort to advance understanding arms trade activities, for non-profit research and educational purposes only.

I believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law.

If you wish to use this copyrighted material for purposes of your own that go beyond 'fair use,' you must obtain permission from the copyright owner.

This is a completely non-commercial site for private personal use. No fee is charged, and no money is made off of the operation of this site.