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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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Friday, October 23, 2009

HAL to Supply Flaperons for Boeing 777

State-owned aerospace firm Hindustan Aeronautics Limited (HAL) has signed an agreement with Boeing to supply flaperons for the Boeing's 777 series commercial jetliners. It is understood that HAL will supply 600 units of flaperons to Boeing which will be delivered in phases by 2019.

Indian carriers have already ordered a total of 36 Boeing 777s. This includes 23 from Air India and 13 from Jet Airways.

The 777 flaperon is a complex composite assembly that is instrumental in controlling the airplane’s maneuverability in flight. Referred to as a 'control surface', flaperons work both as an aileron to control roll and as a flap to control lift.

“HAL and Boeing share a very special relationship. Showcasing HAL’s composite manufacturing capability on one of the world’s premier long-haul commercial jets positions us for even greater opportunities at the forefront of technology,” Soundara Rajan, Director, Corporate Planning & Marketing, HAL said. Boeing's relationship with HAL date back to 1991. Boeing India President Dinesh Keskar said, "The composite 777 flaperon that HAL will produce represents a significant leap forward in technological capability, and supports Boeing’s strategy to work in partnership with India’s aerospace industry for the long-term.”

Brigadier(Retired) Sukhwindar Singh
http://www.defenceoffsetsindia.com/
(A Global Solution for Offsets)
Credit:
Business Standard.

Wednesday, October 21, 2009

FDI Norms in Defence Production

The Finance Ministry is taking up the new regime for calculating foreign investment in Indian companies. The MOD has voiced concern that it opens up the possibility of foreigners taking ownership in defence production companies in excess of the 26% if allowed now, and creating more pressure to modify the policy later.

The Ministry has argued with the Finance and Commerce Ministries the need for putting safeguards to prevent the abuse of the new norms that do not recognise indirect foreign investment if the investing company is owned and controlled by the Resident Indians.

Foreign Direct Investment (FDI) ceiling for defence production is not applicable to services such as defence product design and development. Therefore, companies in this service segment with up to 49% FDI can invest in defence production without their investment being counted as FDI as they are 51% owned and controlled by resident Indians, said a Government official. Read the full article on http://economictimes.indiatimes.com/articleshow/5140216.cms

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

Friday, October 16, 2009

Indigenous Manufacure of Components/Sub-Systems/Systems for Defence

Indian industry should mature to manufacturing complete systems for the Defence sector on par with international standards and deliver them on time and at competitive costs, said Dr V.K. Saraswat, Scientific Adviser to the Defence Minister.

So far, most companies have been doing components and sub-systems of good quality. More than 800 industries are involved in projects taken up by the Defence Research Development Organisation (DRDO), but the scale of self reliance index is around 30-40 per cent indigenous production and rest is import.

Calling for a reversal of this scenario and overcoming the syndrome of imports, Dr Saraswat said: “There is a need to make big investments in focused areas to bridge the technology gap and reduce dependence on imported components.”

Read the full Article on http://www.thehindubusinessline.com/2009/10/15/stories/2009101551051700.htm

Components, sub-systems & systems supply to the Armed Forces has been a 'burning issue' for Years especially for the erstwhile USSR origin equipment held in the inventory with Us. DRDOs focus on the issue is a welcome step. However there are issues of technology, and numbers needed which make indigenous manufacturing problematic. Detailed thought is needed on these issues.

Brigadier(Retired) Sukhwindar Singh
http://www.defenceoffsetsindia.com/
(A Global Solution for Offsets)
Credit:
Business Line of The Hindu.

Thursday, October 8, 2009

Govt Should Encourage Pvt Players in Defence R&D: A Study

The government should encourage private players in defence R&D and also fund 80 per cent of the research and development activities to emerge as a significant player in the global defence market, a study said. Since defence research, design and development is fraught with risks, the privte sector is unlikely to come forward, the joint study of Assocham and Ernst and Young said.

If India wishes to emerge as a significant player in the global market, it would have to fund export driven products and make export variants of high end systems, it said. "Therefore, there is a need for a policy as per which 80 per cent of Indias R&D is funded from government resources, effectively encouraging the private sector to undertake risks associated with developing defence products," it said.

Read the full Article on http://in.news.yahoo.com/20/20091001/372/tbs-govt-should-encourage-pvt-players-in.html

Brigadier(Retired) Sukhwindar Singh

http://www.svipja.com/

(A Global Solution for Offsets)

Credit: http://www.in.news.yahoo.com/