India’s Defence Acquisition Council is set to raise the country’s offset threshold from Rs 300 crore ($45m) to Rs 2,000 crore ($300m). The mandatory requirement for indigenous content will remain at a minimum of 30 percent. Defence minister Manohar Parrikar said that the threshold is changing because offsets increase the cost of the product by 14-18 percent.
Offset practitioners have largely welcomed the reported changes to India’s offset policy but any champagne corks remain stoppered at least until the formal publication of DPP 2016. Whether the revisions mark a new day and better opportunities for India, its local industry and foreign suppliers will depend largely on the language of the final draft.....
Turkey’s Ministry of Health has published regulations concerning its Health Industry Partnership Programme. The regulations remain faithful to traditional offset principles, laying down the threshold, quota, penalties, and multipliers. They are as lengthy, specific, and unyielding as the opus published by India.
The U.S. government has called for a report on “The qualitative and quantitative nature of the transfer of United States production activities to the People's Republic of China.”
Russia continues to deliberate over the extent of technology transfers and component production in Indonesia concerning the sale of MS-21 aircraft.