Skill Development & Training of Defence and Aerospace Industry Workforce and Consultants

We train, develop, deploy and support Defence and Aerospace Workforce and Consultants for Dual-Use Industry. Our Consultants provide ‘Managed Services’ for Direct and Indirect Offsets, set-up JVs of all types, Technology Transfers including IP / Trademark Issues and Exports. We thus help companies build manufacturing / services, and earn Offset Credits in consultation with relevant Ministry incl DOMW/MOD.

Thursday, July 26, 2012

Adding More to the Indian Offset Policy

There are media reports that the DAC/MOD, India, has modified the Offset Policy further based on experience gained till date in its Meeting on Monday last, 23 Jul. Critical Defence Technologies for Offsets, 1.5 Multiplier effect for Offsets in SMEs, and Creation of Defence Offsets Management Agency (DOMA) has been approved.

These are +ve changes.

Formal Govt. notification is awaited.

Friday, July 13, 2012

Defence Offset Approvals, Implementation and Credits

If malice is within the System, no amount of Policy Parameters on Offsets will take the Indian Defence Industry on high trajectory. Focus on ‘Business Gains’ will dilute the Policy in its Execution Phase. We need ‘passion and drive’ to stay on course to reach the end objective of modernizing the Indian Defence Industry.

Approval of Offset Projects at the RFP Stage keeping our needs in view, Project(s) Implementation, and Granting Fair credits are the key processes.

Must plug the ‘leakages’. Provide flexibility in the Policy Guidelines, and then execute it flawlessly without any slippages – that is the mantra for success.

Sukhwindar