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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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Saturday, May 8, 2010

Time and Cost Overruns in DRDO Projects

DRDO will use a consortium approach for design, development and fabrication of critical components, Project Monitoring Reviews and joint funding by the military services to try to overcome delays in Defence Projects/Pgmes, as per the Indian Defence Minister.

Some of the DRDO projects that have missed their original timelines include:

• The LCA Full Scale Engineering Development (FSED) Program – Phase II was approved in 2001. It has overshot its budget by almost 100%. It was to be completed by 2008; the latest probable completion date is 2012.

• The Full Scale Engineering Development Program for the Naval Light Combat Aircraft (LCA-Navy) also overshot its budget and timeline by four years, from 2010 to 2014.

• The Interception, Monitoring, Direction Finding and Analysis System (IMDFAS) – Divyadrishti. Started in 2002, it was to be completed in 2008. The new date for completion is 2010.

• The Integrated Guided Missile Development Program (IGMDP), begun in 1983, was to be completed by 1995. The revised date is 2010.

• The Kaveri Engine for LCA was approved in 1989 with a completion date of 1996. The latest schedule is 2010.

Reasons for delays and cost escalation include “technical/technological complexities; sanctions imposed, increase in scope of work, creation of more infrastructure, test facilities and their maintenance; change/enhancement in user requirements during development; deviations/failures during testing; [and] extended and long-drawn user trials.”

The R & D in any country does take time. This should not unduly alarm Us. We should however project realistic timeframe and funding needs at the time of project /pgme approval. Tendency in the Organisations to get the projects approved ‘at low outlay and least project timeline’ needs to be checked with a firm hand.

Svipja Technologies
Credit: Aviation Week.

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