INSUBCONTINENT EXCLUSIVE:
written to Congress President Rahul Gandhi saying that the party has been "misinformed, misdirected and misled" by malicious vested
interests and corporate rivals on the offsets related to the Rafale fighter jet deal.A Reliance Infrastructure Ltd release said that Mr
Ambani wrote a letter to Mr Gandhi last week and expressed "deep anguish over continued personal attacks" on him while terming all
allegations as "baseless, ill-informed and unfortunate".Clarifying on the role of Reliance in offset exports/ work share, Mr Ambani wrote
that Reliance Defence was set up 10 days before the announcement on April 10, 2015 of government's decision to purchase 36
French-manufactured Rafale jets links factually incorrect information "and is thus irrelevant and completely false.""The Reliance Group
announced its decision to enter the defence manufacturing sector in December 2014-January 2015, months before the intention for purchase of
the 36 fighter jets are to be 100 per cent manufactured in France and exported from France to India
Mr Ambani clarified that not a single component worth a single rupee is to be manufactured by Reliance for these 36 Rafale jets."The
allegations relating to 'lack of experience' are, thus, irrelevant," the release said and added that there is no contract from the Defence
role is limited to offset exports/ export obligations
More than 100 medium, small and micro enterprises (MSMEs) will participate in this along with public sector undertakings like BEL and
Defence Research Development Organization (DRDO)
This role strengthens Indian manufacturing capabilities and is in pursuance of the Offsets Policy introduced by the Congress-led UPA
a loss of Rs 41,000 crore to the exchequer compared to the price negotiated by the Congress-led UPA government
