Offsets

Q-Tech Synergy Pvt ltd acts as a local partner to the OEM’s for facilitating Defence Offsets in the Indian defence sector by providing a range of practical services. We provide a broad range of Offset Consulting and Advisory services on:

  • Identification and assessment of Offset projects
  • Offset Strategy & Planning Process
  • Offset Proposal Preparation
  • Risk assessment and risk mitigation
  • Mentoring of individuals in the Offset team
  • India Offset Partner (IOP) Services:
    • Providing due-diligence on proposed IOPs.
    • Establishing necessary MOUs (Memorandum of Understanding) and NDA (Non Disclosure Agreement) with foreign OEMs required for submission of Offset Proposals.
    • Obtaining any necessary Industrial Licences to be considered as a qualified IOP.
  • Offset Proposal Technical and Commercial Preparation:
    • Review of Technical and Commercial Offset proposals prior to submission to Indian MoD.
    • Preparation of Offset Proposals based upon projects and IOPs identified, in accordance with the DPP in force.
    • Reporting on progress of Offset Proposal submissions within the MoD.
  • Offset Banking
    • Review of Technical and Commercial Offset Banking proposals prior to submission to India MoD.
    • Preparation of Offset Banking Proposals based upon projects and IOPs identified in accordance with the DPP in force.
    • Reporting on progress of Offset Banking Proposal submissions within the MoD.
  • Post Contract - Offset Program Monitoring and Offset Credit generation
    • Review of Offset Credit Claims
    • Preparation of required Offset Claim paperwork from IOP and OEM, including collection of necessary supporting documents etc.
    • Vetting of Offset Claims prior to submission to Indian MoD
    • Reporting on progress of Offset Credit claims within the MoD.
  • Q-Tech also offers assistance in the Permitted Offset activities in the following domain:
    • Purchases
    • Subcontract
    • Technology Transfer
    • Foreign Direct Investment (FDI)
    • Investment in R&D (Research and Development)
    • Training
    • Licensed Production
    • Co-production
    • Credit Assistance
    • Services including Engineering, Up gradation, maintenance etc.

Partner Evaluation and selection

The services include program management, pre-contract, project development and coordination, selection and monitoring of subcontractors, Quality Assurance, source inspection, coordination of technical teams, liaison with customers, after-sales field services, engineering and administration as well as the allied services that identifies, pitches, acquires , implements and executes the project successfully.

For further queries, please contact us at info@qtechsynergy.com

offset

Indian Defence Offset- A Guide for the OEM and Indian Offset Partners, published by Confederation of Indian Industries (CII), released by Chief Of Air Staff Indian Air Force.

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Amendment to Offset provisions are expected shortly. The Guide on offset will be revised accordingly with more illustrations.

To purchase the Guide, please contact info@qtechsynergy.com