Defence Offsets: International Experience and Implications for India provides an overview of defence offsets, international experience on the implementation of the offsets and lessons for India based on the experience of various countries. India’s defence expenditure has grown considerably in the past decade, with increased allocations being made for defence capital acquisition. With the nation’s indigenous defence production capability continuing to remain insufficient to meet the requirement of the armed forces, dependence on arms procurement from leading arms manufacturing companies around the world became inevitable. It is in this milieu that the subject of defence offsets has gained prominence in recent years. Some of the key issues addressed in the book are: leveraging offsets in the arms trade, global trends in defence offsets, and the perspectives of US, Europe as well as other leading countries implementing defence offsets policy.
The book will be of immense use to policy makers, researchers, defence establishments as well as companies engaged in defence supplies or production. |
