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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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Wednesday, October 10, 2012

Defence Offsets Management Wing (DOMW)

Defence Offsets Management Wing (DOMW) has been established. The key objective of the Defence Offsets Policy is to leverage Defence capital acquisitions to develop Indian defence industry by: 

  • Fostering development of Internationally competitive enterprises,
  • Augmenting capacity for Research, Design and Development related to Defence products and services and
  • Encouraging development of synergistic sectors like Civil Aerospace and Internal Security.
The DOMW under the Department of Defence Production will be responsible for formulation of Defence Offsets Guidelines and all matters relating to post contract management.

The functions of DOMW include:

  • Formulation of Defence Offset Guidelines;
  • Monitoring the discharge of offset obligations, including audit and review of progress reports received from vendors;
  • Participation in Technical and Commercial evaluation of offset proposal as members of TOEC and CNC;
  • Implementation of Offset Banking Guidelines;
  • Administration of penalties under offset contracts in consultation with Acquisition Wing;
  • Assisting vendors in interfacing with Indian Industry;
  • Other responsibilities assigned under the Offset guidelines or entrusted by the Government.

DOMW works in close collaboration with Defence Acquisition Wing for smooth implementation of the Offset guidelines. 
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