Summary of India Activities and Services Offered
India is the world’s fourth largest economy in purchasing power parity. With continued predicted growth of 6-9% GDP it is a key regional aerospace and defence player. The country is also Asia’s largest arms buyer and has one of the largest militaries that depend on imported equipment. However, doing business in India is a challenge in terms of the country’s cultural diversity, business legacy and bureaucracy.
Tri Polus is well established within the aerospace and defence market within India the key areas of its activities are:
Market Access Services – Tri Polus works with European and USA corporations within the Aerospace/Defence sector to assist them in understanding the India market, and establish relationships and Indian partners, leading to MOUs, Joint-Ventures or customer/supplier arrangements.
Offsets - Tri Polus is currently working with a range of organisations including OEMs, Tier 1 and 2 suppliers looking to understand the Indian approach to Offsets and to offer projects for current procurements in India. Offset clients are both foreign organisations as well as Indian companies. Services include Offset workshops/seminars, proposal support and Offset project delivery.
Aerospace - Tri Polus works with various aerospace clients to establish a supply chain for aerospace engineering and manufacturing from India. As part of this activity Tri Polus works with clients who want to establish a production facility in India as well as for new Offset projects resulting from on-going procurements.
Tri Polus co-organised a major US aerospace trade mission to India with the Aerospace Industries Association (AIA) where more than 20 US organisations participated, ranging from OEMs to lower-tier suppliers. Tri Polus is familiar with the various organisations involved in Defence Procurement i.e. the Ministry of Defence Acquisition Wing, Defence Research and Development Organization (DRDO) and the Defence Offsets Facilitation Agency (DOFA). During the trade mission Tri Polus teamed with the Confederation of Indian Industries (CII) and Society of Indian Aerospace Technologies and Industries (SIATI).
International Associations - Tri Polus is currently a member in good standing with the USA Global Offsets Countertrade Association (GOCA) and in additiont works closely with the Aerospace Industries Association (AIA) of America, UK Aerospace, Defence and Security (ADS) and the Confederation of Indian Industries (CII).