India Approves Offset Deals From Fighter Bids

India’s defense ministry on Oct. 7 approved the offset proposals of the two short-listed vendors in its $11 billion Medium-Multi-Role Combat Aircraft program, paving the way for the opening of commercial bids. According to a defense ministry official, bids should be opened in the next few days for the Eurofighter consortium’s Typhoon and Dassault’s Rafale, though no specific time frame was given. The original tender was issued by the defense ministry in August 2007.

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