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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, January 25, 2011

Indian Private Sector in Defence Contracts

Approvals in-principle given by the MoD for purchase of equipment by the Armed Forces between Mar 2007 and Sep 2010, could generate business worth as much as Rs.87,356 Crore for domestic non-state companies. The DAC has approved the “acceptance of necessity” (AoN) for orders worth Rs.40, 368 Crore in 2010 alone. Private Indian defence equipment makers will be allowed to tender for these projects.

Out of this, equipment worth Rs 30,330 Crore is to be under the “buy (Indian)” Category, Rs 33,814 Crore under the “make” Category, and Rs 8,000 Crore under “buy and make (Indian)” Category. These orders are at various stages of procurement—expression of interest, request for information / request for proposal, technical evaluation, field trials, opening of bids, contract negotiation, financial approval, signing of contract and stage-wise progress for deliveries. In addition, Indian Private Sector companies get orders for subsystems/components etc., from OFs, DRDO and DPSUs.

The total value of defence orders given to private sector companies, between March 2007 and September 2010, is worth Rs 21,193 Crore.

Private Sector A & D Companies have also participated in 51 offset proposals, which are at various stages of processes/implementation.

Click for Report:
Indian Private Sector in Defence Contracts
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