Decoding Defence Offset in India

17 July 2015

Defence Procurement Procedure (DPP) was first introduced in 2002 to streamline procurement of capital equipment by the Ministry of Defence (MoD). DPP scope was further enlarged through various amendments in 2003, 2005, 2006, 2008 and 2011 etc. The latest DPP was issued in 2012 which was further revised in 2013. The DPP, 2013 aims at providing a boost to the Indian Defence Industry, both in the Public and the Private sector. The new policy is structured to ensure that each piece of equipment that the military requires should be bought abroad only if developing and building it in India proves impossible.

Enlarge View & Download

News & Deals

In $20 million Series A fundraise of KULT, IJ represented investors

IJ acts for AC Ventures in investment in InnerGize, a mental healthtech

IJ acts for investor in $3 million round of GROWiT

Publications

Structuring of Angel Funds in GIFT City

Launching SM REITs in India

Setting up Funds in GIFT City

Newsletters

RBI Circular on Basel III – Reinstating Unrestricted Use of BRIPL Ratings for Capital Adequacy

SEBI’s Validated UPI Framework: A Stronger Shield for Investor Funds

SEBI’s Framework for Environment, Social and Governance (ESG) Debt Securities