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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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Tuesday, November 17, 2009

Belgaum Gets an Aerospace SEZ

A 300-acre Aerospace SEZ (Special Economic Zone) has been launched in Belgaum , North Karnataka on 14 Oct 2009. Senior representatives of aircraft and aircraft-component makers from around the world, including Boeing, EADS, Rolls Royce,Pratt & Whitney, United Technologies and Lockheed Martin attended the launch.

The SEZ has already seen an investment of Rs 150 crore from Quest, and hosts three operations — an engineering services facility, a precision machining facility and a sheet metal facility. The last of these is in a JV with Canada’s Magellan Aerospace.

Three more MoUs were announcedat the launch; one was with with Belgian aerospace company SABCA to manufacture metallic parts and assembly work for the Airbus A350. This deal is expected to be worth $100 million over the next ten years. A second MoU was signed with Magellan to evaluate setting up a dedicated facility to manufacture components and sub-assemblies for aero engines . The third MoU was with Farinia Geie, a French foundry and forgings company to establish an aerospace forging facility.

Pse Click to read the full Report: Belgaum Gets an Aerospace SEZ

Brigadier(Retired) Sukhwindar Singh
http://www.svipja.com/
(A Global Solution for Offsets)
Credit: The Economic Times

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