INDIAN ARMED FORCES CHIEFS ON OUR RELENTLESS AND FOCUSED PUBLISHING EFFORTS
SP Guide Publications puts forth a well compiled articulation of issues, pursuits and accomplishments of the Indian Army, over the years
"Over the past 60 years, the growth of SP Guide Publications has mirrored the rising stature of Indian Navy. Its well-researched and informative magazines on Defence and Aerospace sector have served to shape an educated opinion of our military personnel, policy makers and the public alike. I wish SP's Publication team continued success, fair winds and following seas in all future endeavour!"
Since, its inception in 1964, SP Guide Publications has consistently demonstrated commitment to high-quality journalism in the aerospace and defence sectors, earning a well-deserved reputation as Asia's largest media house in this domain. I wish SP Guide Publications continued success in its pursuit of excellence.
Offset Contracts from Defence Sector
Raksha Rajya Mantri Shripad Naik in a written reply in the Lok Sabha said on November 20, 2019 that 21 defence offset contracts with cumulative value of $5.67 billion approximately have been signed by the Ministry of Defence (MoD) in the last three years. A study on impact of offsets on Defence Industrial Base has been conducted by the Department of Defence Production through Institute for Defence Studies and Analysis (IDSA). According to the study conducted, till March 2019, MoD has signed 52 Offset contracts valued at $11.79 billion to be discharged through Indian Offset Partners. Since the opening of private sector participation in defence production in 2001, 452 Industrial Licenses (ILs) have been issued till October 2019 for manufacture of a wide range of defence items. Further, so far, FDI amounting to 1,812 crore has been committed by the companies in the Defence and Aerospace Sector since April 2014.
SP's Aviation - Current Issue
