DAC Intl

India's Defence Budget:

2012-13: Rs. 193,407 Cr. (USD 35 Bn)

     Capex: Rs.79,579 Cr. (USD 14.47 Bn)

2013-14: Rs. 203,672 Cr. (USD 37 Bn)

    Capex: Rs. 86,741 Cr. (USD 15.77 Bn)

2014-15: Rs. 229,000 Cr.  (USD 38.35 Bn)

    Capex: Rs. 94,588 Cr.  (USD 15.76 Bn)

 Defence Imports (Yr.2011) : USD 3.4 Bn

Estimated Defence Equipment Imports (2014-2024): USD 100 Bn.

Offset Opportunities to Indian Companies

Offset Obligation as per DPP: Minimum of 30% of value for import orders greater than USD 310 Mn. approximately

Estimated offset orders to Indian Companies (2013-2020): USD 15 to 18 Bn

Offset obligations as on April 2013:

Air Force: 80%, Navy: 20%, Army: Nil

What Qualifies for Offset Credit?

The following programs of Indian Defence have a large Electronics content:

• Tactical Communication System (TCS)- Driver: Signals Directorate, Army
• Futuristic Infantry Soldier as a System (FINSAS) - Driver: DG Infantry, Army
• Battle Field Management System (BMS) - Driver: DG Informaion Systems, Army
• Battle Field Surviellance System (BSS) - Driver: DG Information Systems, Army
• Futuristic Infantry Combat Vehicle (FICV)- Driver: Army
• Short Range/Quick Reaction Surface to Air Missile System (QRSAM), Army
• Medium Range Surface to Air Missile System (MRSAM), Air Force, Navy, Army
• Integrated Air Command and Control System (IACCS) - Air Force
• Network For Spectrum (NFS) - Army
• Army Strategic Communication Network (ASCON) Phase IV