Offset agreement

June 17, 2013 - 2:40am
Sikorsky S-92 cabins are now being manufactured in India under a joint venture with Tata Advanced Systems. The facility recently increased production to four units per month.

As vendors await the announcement of belated contracts, India continues to grapple with its ever-changing defense procurement policy, with the latest–DPP 2013–announced and effective from June 1. The focus of DPP 2013 is on buying Indian defense products, even though these can fill only a fraction of the country’s requirements.

April 5, 2013 - 12:35pm

The AgustaWestland deal in India for AW101 helicopters that is being investigated after bribery allegations has prompted the Indian government to re-examine its already delayed defense procurement procedure 2013 (DPP). This is now focusing on “indigenization,” which defense minister A.K. Antony described recently as the “ultimate solution to the scourge of corruption.”

 
X