Tag: offset

What Ashton Carter wants from India

Carter is looking at the Indian defense ministry to make it easier for US companies to do business with it and wants resolution of issues related to offsets, limitation of liability and delays in decision-making.

India, Russia to move on MTA, FGFA

Antony expressed India’s concern at the tardy progress made in the design and development of the Multi-Role Transport Aircraft (MTA). Both countries will now meet again later this month to speed up work on the project.

Offset concerns leave vendors uneasy

The offset requirements raised to 50 per cent with the onset of the Defense Procurement Procedure (DPP) last August, continue to make foreign defense vendors uncomfortable. Bell helicopters had dropped out of the race to supply 197 helicopters to the Indian armed forces because of exactly this reason.