[Stratpost]
Six major western industry associations have written to the Indian Ministry of Defense asking for measures to ease their prospects for commerce in defense equipment. They say in their letter, “The current offset policies have effectively hindered our member companies’ ability to play a full role in supporting India’s defense, security and economic needs,” adding that, “These and other challenges presented by the current offset policy have often precluded our member companies from responding to a Request for Proposal. Our member companies have lost out on potential programs, while the MoD (Ministry of Defense) may not be able to benefit from the best technology solution at the best price.”
The letter was jointly written by the ADS (Aerospace, Defense and Security), a British association of defense and aerospace companies, AIA (Aerospace Industries Association), a US body, AIAC (Aerospace Industries Association of Canada), BDLI (Bundesverband der Deutschen Luft und Raumfahrtindustrie -German Aerospace Industries Association), GIFAS (Groupement des Industries Françaises Aéronautiques et Spatiales – Grouping of French Aerospace Industries) and USIBC (US India Business Council) and addressed to Defense Minister Arackaparambil Kurian Antony, Minister of State for Defense Mallipudi Mangapati Pallam Raju, Defense Secretary Pradeep Kumar, Secretary for Defense Production Raj Kumar Singh.