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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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Tuesday, December 21, 2010

Current Media Debate on Defence Offsets and Implementation Process

Our country is new to Defence Offsets. Our stated aim in seeking defence offsets is ‘to develop and build Indian Defence Industry’ with support from our defence suppliers. Media is full of articles/comments on the issue. We need to however articulate a pragmatic take on this.

Obligors by all means would shun any offset projects that create a competitor for them unless they are allowed to become ‘substantial partners' in the outcome. This should be appreciated as a basic premise by our policy makers. It is from this baseline that we need to proceed to seek the defence offsets; direct or indirect.

Also, Obligors may like capability mapping of offset partners themselves in partnership with some high-tech company that may be up-to-date in defence technologies and local dual-use industry knowledge. It is a business case after all. DAC/DOFA/Other stakeholders could intervene at the offset proposal acceptance stage in case the offset project does not build capability of the Indian Defence Industry in line with its aim.

Obligor-Foreign Patent Holder- Foreign TT Partner- DAC/DOFA- Local Partner have to work in very close co-operation and of course transparently for implementing offset project(s) within the Defence Offset Policy.

Any changes to our offset policy should keep these terms of reference in view.

Svipja Technologies

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