Indian defence offsets touches Rs. 8,000 crore; Private sector gets upper hand
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  • Reports noted that Indian MoD has so far signed nearly Rs. 8,000 crore worth of offsets, of which 94 per cent were in aerospace sector, and the rest in the naval domain. The private sector could secure 60 per cent of these offsets, with the rest garnered by state-owned defence enterprises. Big companies in the private sector accounted for 33 per cent of total offsets while small and medium enterprises could get the other 27 per cent.1

    • 1. Ajai Shukla, ‘Defence offsets rise to Rs 8,000 crore’, Business Standard, November 21, 2009.

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