Indian harbors one of the most lucrative Aerospace and Defense (A&D) market globally, and a rapidly evolving A&D industry.Post Budget 2017, the Indian Industry is more confident about making significant investments in the Defense sector.The Government is taking initiatives to develop a competent domestic A&D industry base. For International A&D majors, India is a lucrative low-cost manufacturing and engineering service base. The existing dynamics of the market presents significant opportunities to both domestic and international players.
We at TACT recognize the significant opportunity that the Defense sector presents. TACT's multi-disciplinary team of Aerospace and Defense veterans and specialists provide comprehensive end-to-end support- from strategy formulation to execution. Our leadership team comprising of Armed forces veterans and Senior Professionals from the Industry have extensive direct industry experience having worked with the Defense services, Defence procurement and Defence programmes.
TACT offers advisory in terms of Defense Procurement Policy and Regulatory aspects, Offsets Business, Market Entry Strategy, Creating roadmap for participation in Business Opportunities and Strategic hand-holding from mid-term to long-term.Key Contact Retd. Capt. Akhilesh Kapoor, MD & CEO - TACT India Contact: +91 9810070813
1. Buy (Indian –IDDM) ---- Indigenously Designed, Developed & Manufactured. Minimum 40% Indigenous Content (IC) or 60% where it is not Designed & Developed. 2. Buy (Indian) ---- Procurement from Indian Vendors. Minimum 40% IC. 3. Buy & Make (Indian) ---- Procurement from an Indian Vendor engaged in a tie up with an OEM. Minimum 50% IC. 4. Buy & Make ---- Initial procurement from foreign vendor followed by indigenous production through an Indian Production Agency. Offsets Applicable 5. Buy (Global)---- Outright Purchase of equipment from foreign Vendors. Offsets applicable.