Wednesday 27 October 2010 | Vol.02 - No.42



Special Focus: The Defence Industry of India
For several years India is largely depending on foreign procurements for updating its armament. Nevertheless, the desire to achieve self-efficiency has always been there. Constraints of technology and resources prevented this process from fructifying to the extent desired. Even so, several steps have been made towards creating a large infrastructure for defence production in the Government sector. The 40 Ordnance Factories, eight Defence PSUs (Public Sector Undertakings) and over 40 Defence R&D laboratories are testimony to this effort. Government plays a significant role in the Indian defence industry whereas the private sector has a limited though constantly enhanced role. The main reason behind this is that in May 2001, the government decided to open up defence industry to private entities up to 100%, with FDI permissible up to 26%. Under this new entrepreneurship philosophy a larger role for the private sector has emerged.
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FDI in the Defence Sector of India
The Department of Industrial Policy and Promotion (DIPP) of the Ministry of Commerce and Industry put into effect on 1st of October 2010 the second consolidated FDI policy circular. The document is part of a governmental effort to further facilitate the integration of foreign companies to the national market and make it easier for them to invest in the country and help them improve the industrialization and socio-economic level of India. This is clearly illustrated in the forefront of the circular in which the governmental entity states that: “It is the intent and objective of the Government to promote foreign direct investment through a policy framework which is transparent, predictable, simple and clear and reduces regulatory burden. The system of periodic consolidation and updation is introduced as an investor friendly measure”.
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Epicos "Project Opportunities"
Epicos "Project Opportunities" provides a unique set of online tools enabling the structure, identification and implementation of comprehensive Offsets programs, through a searchable database. By introducing different offset projects and ideas proposed by local A&D industry it ensures the optimum cost for Prime Contractors and reassures that the priorities of local industry are fully met...
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Producing and installation complete Checkpoint equipment
A company specializing in services connected with the production and construction of steel structures, from project plan to turn key projects, in the frame of an offset program, is proposing collaboration as a subcontractor to a foreign company active in the steel construction industry, in addition supply and install complete checkpoints, or different checkpoint CP equipments, such as looking tower, cordons, fire positions, bolt holes, razor-bladed wire, etc. and in order to transfer its know-how on the required equipment and buildup of a checkpoint training facility for the training of soldiers before deployment to peacekeeping and other operations.

For Further Information Contact our ICO Department
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Advanced fiber Optics Cable Repair System
A company specializing on the high-precision optical passive devices, equipment and fiber optic network systems, in the frame of an offset program, is proposing collaboration to a foreign company active in fiber optic equipment sales and/or manufacturing in order to act as a local representative on its Advanced Fiber Optics Cable Repair System.


For Further Information Contact our ICO Department
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Epicos- Amazon

Arming Without Aiming: India's Military Modernization, by Stephen P. Cohen, Sunil Dasgupta

India s growing affluence has led experts to predict a major rearmament effort. The second-most populous nation in the world is beginning to wield the economic power expected of such a behemoth. Its border with Pakistan is a tinderbox, the subcontinent remains vulnerable to religious extremism, and a military rivalry between India and China could erupt in the future. India has long had the motivation for modernizing its military—it now has the resources as well. Therefore India’s armed forces want new weapons worth more than $100 billion. But most of these weapons must come from foreign suppliers due to the failures of India s indigenous research and development. Weapons suppliers from other nations are queuing up in New Delhi. Against this backdrop of new affluence and newfound access to foreign military technology, this book investigates India’s military modernization to find haphazard military change that lacks political direction, suffers from balkanization of military organization and doctrine, remains limited by narrow prospective planning, and is driven by the pursuit of technology free from military-strategic objectives.


Military Industry and Regional Defense Policy (Cass Military Studies): India, Iraq and Israel, by Timothy D. Hoyt

Military Industry and Regional Defense Policy re-examines military industrialization in the developing world, focusing on policy-making in producer states and the impact of security perceptions on such policy-making. Timothy D. Hoyt reassesses the role of regional state sub-systems in international relations, and recent historical studies of international technology and arms transfers. This new book breaks away from existing literature on military industries in the developing world, which has focused on their economic and development costs and benefits. These past studies have used primitive methodologies that focus on the production of complete weapons systems - a misleading gauge in a world of growing international defense cooperation. They have also ignored empirical evidence of the impact of local military industrial production on Cold War regional conflict, and of the defence planning and concerns that drove development of indigenous military industries in key regional powers.





Contact the Editor:

Vasileios Kyriazis
e-mail: v-kyriazis@epicos.com

Contact Epicos sales Department:

Michael Karakatsanis
e-mail: m-kay@epicos.com



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EPICOS NEWSROOM

 
  Indian arms race offers prizes for presidential visits  
  Arms-hungry India is expected to hand out a raft of military deals worth billions of dollars during an upcoming rush of presidential visits from the United States, France and Russia. ++ more
 
 
  Israel, Russia prioritize economic cooperation  
  Israel and Russia give priority to the development of economic ties in their bilateral relations, the new Israeli ambassador to Russia said. ++ more  
 
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  Russia to compete for helicopter tender to Afghanistan  
  Russia will compete for a helicopter tender for the U.S. anti-terrorism campaign in Afghanistan, the head of the Russian delegation said at the Euronaval 2010 exhibition in Paris. ++ more  
 
  France says ready to deliver helicopter carrier with transfer of technologies  
  France's shipbuilder DCNS announced on Tuesday it is ready to deliver Mistral class helicopter carriers to Russia with built-in domestic navigational technologies. "There are no restrictions [in the transfer of technologies]," DCNS Director Pierre Legros told RIA Novosti. ++ more