The Competition Commission of India (CCI) has said that a joint venture (JV) between Reliance Aerostructure and Thales India was unlikely to have an appreciable adverse effect on competition in India. The green light from the CCI on 9 February clears the road for the two companies to fulfil the offset obligations under a contract that will see the Indian Air Force purchase 36 Dassault Rafale combat aircraft.
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