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