Perspectives on India's Defence Offset Policy

Perspectives on India's Defence Offset Policy

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Overview

Perspectives on India's Defence Offset Policy by ManMohan S. Sodhi

As one of the largest importers of defence equipment in the world, India’s defence procurement affects many domestic and foreign companies, whether or not defence related, owing to its defence offset policy. The policy continues to evolve with as many exceptions as conformities in implementation. This is because of the country’s diverse and competing needs for defence, industrialization and economic self-sufficiency. These needs, along with the industry’s needs to make profitable investments, are articulated in this book by defence analysts, civil and elected officials, Western original equipment manufacturers and Indian manufacturers, including public sector undertakings.



Product Details

ISBN-13: 9789351501398
Publisher: SAGE Publications
Publication date: 05/15/2015
Pages: 268
Product dimensions: 5.50(w) x 8.50(h) x (d)

About the Author

ManMohan S. Sodhi is Professor in Operations and Supply Chain Management at Cass Business School, City University London. He did his PhD at the University of California, Los Angeles, and his undergraduate at the Indian Institute of Technology, Delhi. From June 2011 to September 2013, he was Founding Executive Director of the Munjal Institute for Global Manufacturing and Visiting Faculty at the Indian School of Business.


Rajiv Bhargava (Retd. Colonel) is an alumnus of National Defence Academy, Defence Services Staff College and the Indian School of Business. With an extensive experience in domain of Air Defence with the Army, he has keen interests in aerospace and defence; especially defence offsets, and has been instrumental in organising the ‘Swavalamban’ series of seminars on ‘Defence Procurement’. He currently works as an Associate Director with the Munjal Institute for Global Manufacturing at ISB.

Table of Contents

Foreword - S K Munjal
Preface
PART I: AN OVERVIEW OF DIFFERENT PERSPECTIVES
Divergent Views on Defence Offsets - ManMohan S Sodhi and Rajiv Bhargava
PART II: PERSPECTIVES FROM THE INDIAN GOVERNMENT AND ANALYSTS
India’s Needs and Defence Offsets - E S L Narasimhan
Offsets: A Finance Perspective - Vijaylakshmy K Gupta
Objectives and Potential of Offsets - Mrinal Suman
Defence Offsets and Capability Build-up - S N Misra
Chinese Takeaways for Building a High-tech Defence Innovation Base in India - Smita Purushottam
Technology in Offsets: A Strategic Tool to Galvanize the Indian Defence Industry - Shobhana Joshi
The Value Chain in Defence Offsets - K V Kuber
Knowledge Arbitrage through Defence Offsets - S S Mehta
PART III: VIEWS FROM THE GLOBAL OEMs
Offsets: A Global Prime Standpoint - Nalin Jain
FDI in Defence Offsets - Thelakat Jayadevan
Essential Elements of a Successful Offset Policy - George B White
Offset Policy: The Link between OEM and Local Industry - Yannis Ailianos
Nurturing Long-term Relationships through Banking and Trading of Offsets - R S Bhatia
PART IV: VIEWS FROM THE INDIAN PRIVATE SECTOR
An Overview of Indian Defence Manufacturing - V Sumantran
Dealing with the Government: An SME Perspective - Arvind Lakshmikumar
Warship Building in India - M K Badhwar
SMEs as Prime Contractors - Ashok Atluri
The Market Opportunity - Vivek Lall
CONCLUSION—THE LARGER CONTEXT OF INDIAN MANUFACTURING
Building India’s Defence Industrial Base - R C Bhargava
Index

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