Airliners-India.com

vt-ala · Member Joined: 08 Apr 2008 Posts: 440

Full story here http://www.flightglobal.com/articles/2008/11/20/319108/bell-helicopter-pulls-out-of-indian-defence-market.html

Bell Helicopter has virtually pulled out of the Indian military market, after choosing not to take part in the country's revived light utility helicopter competition.
The company, which had planned to offer a development of its Bell 407 (below) for the requirement, says New Delhi's stringent 50% offset rules meant it was not possible to submit a bid for the $750 million contract.
"We have a very good product in the 407, but it was simply not feasible to take part given the high offset requirements," says a Bell source. "We will continue to look for opportunities in the Indian military market. The focus for now, however, is on the civil helicopter sector."