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Offset India Solutions launches Global Defence Offset Review Magazine

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Announcement Corporate

World’s first dedicated Defence Offset print magazine

Offset India Solutions (OIS), India’s foremost specialized Offset advisory company announced the launch of the Global Defence Offset Review, the first and only global magazine on Defence offsets. The inaugural issue was distributed with an extremely positive reception during their participation in Aero India 2011, 8th International Exhibition on Aerospace, Defense and Civil Aviation.

“We support the Defence Offset Policy, especially as it is a critical and dynamic policy instrument to help ensure the success of the Defence Production Policy. It firmly demonstrates the Government is serious about accelerating the establishment of the local defence industrial base, and is expanding its focus to SMEs and Innovation. This coupling offers unprecedented opportunity for Indian and International companies to advance collaborations in technologies, products and services”, said Bimal Sareen, Director, OIS.

 

Beginning with tracking India’s dynamic defence offset climate, this print publication will cover local and international offset news, events and opportunities. It will also explore dynamic global linkages that will emerge as the Offset Policy continues to evolve into the future. This is intended to link India’s Defence Offset opportunities to the global offset network.

Speaking on the occasion Mr. Sareen continued, “There has been a need for a dedicated publication focused in the offset category to cater to the business and policy needs of this specialized sector. The launch of Global Defence Offset Review is timed following the announcement of recent production policy. As the only magazine in its category, it will help in providing relevant information to this sector’s stakeholders.”

Offsets are obligatory countertrade mechanism to drive investments of at least 30% of large global defence acquisitions into building India nascent defence industrial base. Offsets alone are stated to be a $25bn industry in an year’s time.

About Offset India Solutions (OIS) Media Division:

Offset India Solutions (OIS) is the leading player in the offset sector in India. It extends advisory and project management services throughout the life-cycle of a company’s offset obligation. It has established a not-for-profit media division to help catalyze growth in this sector with necessary information to the industry and policy makers. It also aims to help link the evolving Indian offset sector with other international offset initiatives.

To receive a complimentary copy of the Global Defence Offset Review, please send email with all your details to info@offsetindiasolutions.com.

 

 

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First Published: Feb 14 2011 | 4:24 PM IST

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