Don’t terrorise us on tax, Rafale engine manufacturer tells Rajnath

| | Paris
  • 0

Don’t terrorise us on tax, Rafale engine manufacturer tells Rajnath

Thursday, 10 October 2019 | PTI | Paris

India should provide an attractive business environment and not “terrorise us” with its tax and customs rules, the CEO of the French engine manufacturer behind the Rafale fighter jet told Defence Minister Rajnath Singh on Wednesday while announcing that the company plans to invest nearly USD 150 million in the country.

French multinational Safran, the manufacturer of the M88 state-of-the-art engines fitted in the Rafale jets acquired by India, gave a presentation of its facility to the minister who took a tour of the assembly line of the company near the French capital.

“Visited the Engine Manufacturing Facility of Safran at Villaroche near Paris today. Safran is known for its engine making capabilities. They have also developed the engine for Rafale,” Singh said in a tweet.

“Happy to meet some of the young and bright engineers of Indian origin working at the Safran manufacturing facility. Their technical knowledge and hard work is impressive and inspiring,” he said.

During the presentation, CEO of the Safran Aircraft Engines Olivier Andries revealed plans for nearly USD 150 million investment in the country towards training and maintenance. However, the CEO called on India for more support on its tax structure.

“India is set to become the third largest commercial market for aviation and we are keen to create a strong maintenance and repair base in India to serve customers,” Andries said.

“But we need to make sure that the Indian tax and

customs system is not terorrising us,” he said.

State Editions

AAP declares candidates for April 26 Mayoral polls

19 April 2024 | Staff Reporter | Delhi

BJP banks on Modi, uses social media to win voters

19 April 2024 | Saumya Shukla | Delhi

Sunita all set to participate in INDIA Bloc rally in Ranchi

19 April 2024 | Staff Reporter | Delhi

Woman boards bus in undergarments; travellers shocked

19 April 2024 | Staff Reporter | Delhi

Bullet Rani welcomed by BJP Yuva Morcha after 65 days trip

19 April 2024 | Staff Reporter | Delhi

Two held for killing man in broad daylight

19 April 2024 | Staff Reporter | Delhi

Sunday Edition

Astroturf | Reinvent yourself during Navaratra

14 April 2024 | Bharat Bhushan Padmadeo | Agenda

A DAY AWAITED FOR FIVE CENTURIES

14 April 2024 | Biswajeet Banerjee | Agenda

Navratri | A Festival of Tradition, Innovation, and Wellness

14 April 2024 | Divya Bhatia | Agenda

Spiritual food

14 April 2024 | Pioneer | Agenda

Healthier shift in Navratri cuisine

14 April 2024 | Pioneer | Agenda

SHUBHO NOBO BORSHO

14 April 2024 | Shobori Ganguli | Agenda