The Indian Ministry of Defence (MoD) has revealed details about the scope of defence offsets that are under way in the country. The information shows defence companies from Israel are engaged in nearly half of all India's offset deals.
According to a list of "details of OEMs [original equipment manufacturers] having offset contracts", which was recently published by the Defence Offsets Management Wing (DOMW) - a division of the MoD's Department of Defence Production (DDP) - India has entered a total of 50 offset deals with 19 foreign defence contractors.
Israeli companies Elbit Systems, Rafael Advanced Defense Systems, and Israel Aerospace Industries (IAI) and its Elta Systems subsidiary are engaged in 22 of the Indian defence offset contracts, while companies from the United States - mainly Boeing - are undertaking nine.
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