In almost every country, there is no meaningful difference between Direct vs Indirect Offsets. TTT Svipja Defence & Aerospace Development Company (TSDADC), will therefore stick to a uniform strategy:
- Maximizing the Financial Investment and Technology Transfer value of A&D Primes into any project.
- Maximizing the Local (Indian in this case) Partner's contribution so that it's not merely an offset project (ie one-sided offset credit pursuit) but a real long-term relationship and business cooperation, with a Business Plan meeting Gate 4 Investment Criteria.
- TSDADC 's involvement would ideally be as a part Owner, and not just a Consultant.
Bottom line is that any country wants to see economic development and infrastructure improvement, and whether that is by Direct vs Indirect Offsets is usually a matter of paperwork, and identifying the correct Govt agency.
Brigadier (Retired) Sukhwindar Singh