Q-Tech Synergy and Tri Polus Ltd, iinternational business consulting organisations within the Defence and Aerospace sectors with a specialisation within India have joined forces to offer a comprehensive guide to understanding the “Indian Defence Acquisition Process” together with providing an on-line Q&A advisory service.

The Indian defence sector remains an attractive market over the next 10-15 years as India will need to replace all of its major defence and security systems. India is one of the topmost importers of defence and security equipment and is expected to import over $20 billion by 2015.
 

The Government of India has introduced a series of reforms to the Indian defence procurement aimed at increasing transparency and ensuring accountability. MoD India is determined to build a domestic defence industry and is looking for successful tie-ups with major manufacturers to become a significant player in the international market. The emerging partnerships between public, private sector and the OEMs; receiving technology and undertaking license production with Transfer of Technology (TOT) from overseas sources, are just are some of the healthy signs, which are enhancing defence capability and creating a sustainable defence industrial base in India..

The new ‘Buy and Make Indian’ in DPP 2009 effective 1st November, 2009 will be akin to the existing ‘Make Procedure’ with the vital difference that the production and development by Indian industry will be mainly through the transfer of technology and Joint ventures. The process is expected to be competitive, fair and transparent, providing best value for money to the Indian Armed Forces, while providing the Indian defence industry an opportunity to grow.

This guide on “Indian Defence Acquisition Processes and Perspective Plans” is aimed at providing in a single source all the basic reference material required to understand the Indian defence market, along with practical information related to the procurement processes.

The Market Report will be of interest to:

• Defence Original Equipment Manufacturers.

• Small and Medium Companies from the Defence and Aerospace sector.

• Corporate India.

• Banks and financial institutions.

Read The contents of the Guide