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, No 24, Monday 24th December, 2012

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MAIN HEADLINES FROM THIS ISSUE:

  • India: “Scrutiny of offset proposals is going to be significantly enhanced” – Taxes can be taxing

    Companies selling to India can expect closer scrutiny of their offset proposals — and a closer relationship with their tax advisers, suggested Dhiraj Mathur, Executive Director of Pricewaterhouse Coopers (India)…..Manufacturers of defence equipment will need a license. Unfortunately, it’s not clear what “defence equipment” really means.

     

  • How to plot a course for joint ventures in India

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    Sunil Seth, Senior Partner with the Delhi law firm Seth Dua & Associates, considered the implications of having to enter into joint ventures with Indian partners, and recommended negotiating the standard offset contract as a way around the policy’s lack of clarity.

  • Canada: seventy-two companies have won contracts on JSF

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    Industry Canada has announced that as of July 2012, 72 companies in Canada have secured US$438m in contracts ahead of the troubled F-35 Joint Strike Fighter Programme.

  • India: ‘Institute for Defence Studies and Analysis’ calls on DOMW to get its act together

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    India’s Institute for Defence Studies and Analysis has declared that four months after the new defence offset guidelines came into force interest generated by the guidelines seems to be ebbing having delivered few achievements.

  • The pleasures of developing a programme in India

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    Michael Messina, VP Industrial Cooperation Programmes, BAE Land and Armaments Systems (USA), told the conference the complexity of the offset requirements makes an early start vital…..

AND LOT'S MORE...

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