All six aerospace giants competing in New Delhi’s tender for 126 medium multi-role fighters have signed MoUs with Samtel Display Systems for manufacturing cockpit displays in case their fighter is selected. While these are pure “Build to Print” arrangements, purely to meet offset obligations, those foreign vendors, too, would consider designing in India and sourcing globally from here, provided offset benefits were clearly attractive.
“All displays produced in Samtel Thales Avionics are fully eligible for offsets under the Defence Procurement Policy of 2008 (DPP-2008)”, argues Puneet Kaura, executive director, Samtel Display Systems. “It is an Indian company and it value-adds more than 70 per cent to whatever is supplied from Thales, France. But if offset credit is given only for products that are fitted onto Indian weapons platforms, Thales would hesitate to transfer sensitive technologies to a JV in which it holds only 26 per cent.”
Gaining offsets credits would be sufficient incentive for Thales to supply HMDs worldwide from Ghaziabad, rather than from the Thales production unit in France. But, while the MoD has permitted the “banking” of offsets, it is unwilling to clearly state that the entire production of Samtel Thales Avionics is eligible for offset credits. Read full Report on:
Samtel Thales Avionics & Offset Credits
Brigadier(Retired) Sukhwindar Singh
http://www.svipja.com/
(A Global Solution for Offsets)
Credit: The Business Standard.
“All displays produced in Samtel Thales Avionics are fully eligible for offsets under the Defence Procurement Policy of 2008 (DPP-2008)”, argues Puneet Kaura, executive director, Samtel Display Systems. “It is an Indian company and it value-adds more than 70 per cent to whatever is supplied from Thales, France. But if offset credit is given only for products that are fitted onto Indian weapons platforms, Thales would hesitate to transfer sensitive technologies to a JV in which it holds only 26 per cent.”
Gaining offsets credits would be sufficient incentive for Thales to supply HMDs worldwide from Ghaziabad, rather than from the Thales production unit in France. But, while the MoD has permitted the “banking” of offsets, it is unwilling to clearly state that the entire production of Samtel Thales Avionics is eligible for offset credits. Read full Report on:
Samtel Thales Avionics & Offset Credits
Brigadier(Retired) Sukhwindar Singh
http://www.svipja.com/
(A Global Solution for Offsets)
Credit: The Business Standard.
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