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:
- Technology Transfer
- Foreign Direct Investment (FDI)
- Investment in R&D (Research and Development)
- Licensed 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 email@example.com
Amendment to Offset provisions are expected shortly. The Guide on offset will be revised accordingly with more illustrations.
To purchase the Guide, please contact firstname.lastname@example.org