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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, February 11, 2008

Defence Offsets India: Flip Side Re-appreciated

A lot has been said and discussed wrt to Offsets especially relating to Direct, Indirect and Banking of Offsets. All this goes well at a conceptual level. What should concern Us all is the Implemenation of Offset Projects. How do we ensure that the Offsets flowing back are credible and worth-while?

To my mind, following are cardinal parameters to check and ensure implementation:

1. Technology Needs of the Importing Country. Are these being met? Do we become self-reliant by getting these technologies, and are able to set-up manufacturing facilities in India to meet our future needs? And export part of our production without any restrictions? Is the up-graded technology from the Vendor(s) assured all the time at a future date?

2. Exporters/Vendors are not holding back the state-of-the-art Equipment, Systems and Technology. Why would the Vendors create a Competitor?

3. The Products on offer are NOT over-priced, both Main and Offset products & services.

4. Banking of offsets? 'Lobbying' and 'Pressure Points'! Govt. should be able to handle these!!

5. TT & IP Costs. Inflated !!

6. Effective Monitoring. 'Watchdog' Approach.

Transparency, and Related Corruption Issues. Let there be any views, but these are some of the major points for consideration, discussion, and implementation in the Offset Projects.

Brigadier (Retired) Sukhwindar Singh
http://www.svipja.com/
http://www.indiandefenceindustry.com/
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