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Svipja's Offset Practice

Our Offset Practice helps high-tech Defence and Aerospace Industry in offset projects. www.svipja.com/ refers.

We also empanel Offset Consultants with Industry knowledge in A & D. You could fill Your 'Resume' on http://www.svipja.com/careers.php , or 'Join as a Consultant' on www.indiandefenceindustry.com/

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Steps in Our Offset Process

Step 1: Acquaint Yourself first on Offset business. Please visit www.IndianDefenceIndustry.com , its connected Blogs and www.svipja.com in addition to other subject matter elsewhere. Offset Partnership and projects go thru rigorous 'Due Diligence' / 'Gate Reviews' by Vendors / Obligors.

Step 2: Register online on www.IndianDefenceIndustry.com using Internet Explorer to be part of the database of the Defence Industry. We are developing a consortium of MSMEs globally with India focus for them to participate in Aerospace and Defence direct and indirect Offset Projects.

Step 3: Obtain Industrial License, if required.We take Advisory on Products / Services to target, Capacity Creation, JV and Capital tructure incl FDI & Technology Agreements, etc.

Step 4: Become Industrial Sector Partner (ISP) of Svipja / India. We will guide the ISP firms go through qualified vendor registration process for Supply Chains of aerospace & defence firms.

Some of these steps could be attempted concurrently.

Commercials

1. Yearly Membership Fee for Registering on the Site and using e-Marketplace Engine for Buying/Selling, and accessing Info System, is as indicated in Tariffs on the Site. Fee is variable.

2. Separate Fee for Offset Consulting / Industrial Co-operation would apply. Contact svipja@gmail.com for further details.

3. Addl Fee will apply in case of market research, study and other services.

Conditions

1. Svipja provides guidance to the Indian ISP on project suitability and document/plan preparation for the Gate Review Process, and it's Presentation as required.

2. Svipja does not take responsibility for offset fund allotment to ISPs. This is decided by A &D Major Company based on the capability of the ISP to meet the needs of the A & D Major.

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Monday, April 27, 2009

FDI in A & D Sector

FDI in sensitive and strategic sectors like A & D has always been a point of debate the world over. National interests are considered paramount in such decisions with views of other stakeholders happily considered /meshed .

India permits only 26% FDI in the A & D Sector as of now. It would purchase 'sensitive' technologies, if needed, on down payment. Reasons for these policy decisions are NOT very difficult to fathom. And also its Defence Offset Policy, called restrictive by many, is India focused to meet the declared objectives.

Control, Ability of Indian Corporates and GoI to Invest in the Strategic Industry, Hostile Takeover(s), Strategic Imperatives, Technology Issues / Implications, In-house Capabilities, etc, are some of the factors that dictate the policy parameters.

An Article by Mr Julian Scopes, President BAE Systems, India, FDI in India's Defence and Security Sector, presents the Industry concerns on the issue of FDI and TT. Explains concerns of major stakeholders who wish to be part of India's strategic initiatives. Link: http://www.freemarketsdefence.com/show_content.asp?cid=29 to read the full Article.

Needs an open debate.

Brigadier (Retired) Sukhwindar Singh
http://www.svipja.com/
(A Global e-Solution for Offsets)

Credit: The Economic Times
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