2nd INDIA REGIONAL OFFSET CONFERENCE (IROC 2009)
9 – 10 February 2009; The Hyatt Regency Hotel, New Delhi, India
We are pleased to inform you that three of the world’s leading offset organisations – the Defence Manufacturers Association of UK (DMA UK), US – Indian Business Council (USIBC ) and the Global Offset and Countertrade Association (GOCA) have joined hands with the Confederation of Indian Industry (CII) to plan a topical offset conference on Indian offsets 9-10 February 2009, New Delhi. The organizers have previously conducted the first and second Global Industrial Cooperation Conferences (GICC) held in Portugal and Greece in 2004 and 2006, as well as the Middle East Regional Offsets Conference (MEROC) in Abu Dhabi in February 2007 and the IROC 2008 in New Delhi, which proved to be amongst the most successful international offset conferences ever held. IROC 2009 will take place at the Hotel Hyatt Regency, New Delhi on 9-10 February 2009. The organisers expect that the Indian Regional Offset Conference 2009 will build on the acknowledged success of GICC’04, GICC’06 and MEROC’07 and IROC 2008 and high quality presentations by global experts on offsets and stake holders in the Indian offset obligations will be made during IROC 2009.
The Ministry of Defence, Government of India envisages spending well over US $30 Bn for the acquisition of military hardware and software during the period 2007 – 2012. The overseas companies will be required to fulfill mandatory offset obligations to the tune of 30-50 percent offsets for such procurements. The recent RFP for 126 MMRCA has mandated an offset obligation of 50 percent. In addition, the Government of India has made, or is planning to make, large civil procurements. Aircraft purchases by Air India have already created large offset obligations for civil aircraft primes. The new procurement policy (DPP 2008), which has been released recently by the Ministry, has incorporated new concepts and practices to streamline the process of implementation of offsets. It is an opportune moment to deliberate upon the various nuances of the implementation of the Offset obligations worldwide and India in particular.
The agenda will meet different requirements of attendees. International OEMs and subcontractors will learn about Indian procurement and offsets (defence and civil), while local Indian industry will learn how offsets can support their sales efforts and how to work with foreign sellers, especially OEMs. All will be able to compare various offset strategies from different countries. Excellent sponsorship options are available to project your organization. Lastly, the Conference will provide an ideal networking opportunity.
You will also be pleased to note that with an objective to have maximum networking possibility during IROC 2009 an online B2B Meeting scheduler has been developed specifically for IROC. This online B2B schedule would enable the participants to view the profile of other registered companies and vice-versa and fix up meetings with them online at a mutually convenient time and venue.
Companies are requested to kindly confirm their participation at the earliest. A reply form is enclosed for your ready use. Please note that the B2B meetings will only be available to the registered delegates.
You may also register online by visiting website www.ciidefence.com.
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