The document discusses India's indigenous electronic warfare (EW) capabilities and systems. EW capabilities have become force multipliers in modern warfare by strengthening defense preparedness. India's defense labs and private sector have made progress in developing EW systems, with some competing successfully in global tenders. The interim defense budget allocation raises questions about funding for some planned EW system programs. The document provides an overview of EW domains including electronic attack, protection, and support measures adopted by India's defense forces.

1. Contents title
Contents subjects
March 2014
Eye on Defence
Dear readers,
The interim budget for 2014–15 was presented by the outgoing Government
in the Indian Parliament on 17 February. In the interim budget, the allocation
for defence expenditure for 2014–15 has increased by around 10% from last
year (now US$37.33 billion). Although, this may seem to be an impressive
figure, considering defence budget cuts around the world, but when seen
in the light of India’s weakening exchange position, it does not seem like a
significant increase. Moreover the declining share of capital expenditure with
regards to revenue expenditure in the budget allocation is a cause of worry for the modernization
and strengthening efforts of the armed forces. Furthermore, the sharp decline in allocation for some
expenditure heads such as “aircraft and aero engine” for the Air Force puts the future of major
programs such as the MMRCA, Attack and Transport Helicopters, Aerial Refuelers Aircraft, and
Jaguar Re engine program under question.
In this era of network-centric warfare, electronic warfare (EW) capabilities have indeed become force
multipliers for all military operations. These systems have assumed a pivotal role in strengthening
and modernizing India’s overall defence preparedness. The indigenous capability in electronic warfare
systems, led by various labs of the DRDO, has made significant progress. The private sector too
has developed world class products in this segment, sometimes even competing in ”Buy Global”
programs and winning on the parameters of technology and cost. With the EW capabilities becoming
the norm for all modern defence platforms, the market for these systems provides good business
potential in the Indian context. Therefore, in this edition, we have tried to identify the various facets
of EW systems and their application areas. In addition, included briefly are the relevant EW System
programs under planning and various stages of execution.
Among the regular sections, we have industrial license applicants, RFIs/RFPs released, new projects
and investments, joint ventures and alliances, country-level deals and the latest buzz in the industry.
I hope you find this issue useful. It has been our constant endeavor to make this publication
increasingly relevant to you, and we will appreciate your comments and suggestions in this regard.
K. Ganesh Raj
Partner and Leader
Aerospace and Defence practice
Contents
Indian Interim Defense
Budget 2014–2015: a high-
level analysis
Indigenous Capability EW
Systems
Request for information
(RFIs) for January – March
2014
Request for proposal (RFPs)
for January 2014 – March
2014
List of Industrial Licenses
(ILs) filed for November
2013— February 2014
New projects/investments/
contracts
Joint-ventures and alliances
Country-level deals and
initiatives
Industry buzz
2
6
12
13
17
19
21
23
25

2. 2 | Eye on Defence
As part of the Interim Budget presented in the Parliament of
India for fiscal year 2014–15, the budgetary allocation for
India’s defence forces has been raised to US$37.33 billion
as compared with last fiscal year’s figure of US$33.95
billion (budget estimate), an increase of 9.98 percentage
points. It is noteworthy that the growth rate of 9.98% does
not change even when the Revised Estimate is taken into
account, effectively meaning that there was no revision
(neither upward nor downward) in the budget estimate in
2013–14.
A national Interim Budget refers to the budget of a
government that is going through a transition period.
National governments require interim budgets to function in
the months it takes for a new government to create its own
budget plan. Countries such as India use the term Interim
Budget specifically to describe this period.
While in absolute terms the budget may have increased by
around 10%, it must be assessed against the backdrop of the
depreciating foreign exchange position of the rupee, since
the same time last year. The capacity to buy new equipment
may not have increased by much in real terms, since most
of our imports (capital procurement) are paid for in dollars.
Moreover, it is disturbing that the share of defence budget
in the GDP has declined from 1.8% in 2013–14 to 1.74%
in 2014–15. In a neighborhood as volatile as ours these
stagnant budgetary provisions may not provide the impetus
that the modernization effort is looking for.
(1US$=INR60 has been taken for the purpose of
conversion)
Indian Interim Defense Budget
2014–15: a high-level analysis
Capital expenditure
Capital budget is that portion of the budget, which is
earmarked to buy fresh defence equipment (e.g. tanks,
radars, missiles, aircraft, rifle etc.). It also includes
instalments — payments made in lieu of equipment
purchased in the preceding years. Sometimes these
instalments form as much as 70% or more of the capital
budget. Certain categories including new aero engines,
spares for in-service aircraft, and several categories of
trucks and vehicles are also part of the capital expenditure
putting further pressure on the capital budget.
This year, the allocation for capital expenditure has been
fixed at US$14.93 billion. This is an increase of 3.28% from
last year if we consider the budget estimate (an increase
of 13.59% from the last year if we consider the revised
estimate). While the capital budget has shown impressive
growth, we must bear in mind that the capital expenditure
predominantly comprises imports and is paid for in dollars.
Therefore, it bears the brunt of fluctuations in foreign
exchange.
The ratio of capital expenditure to revenue in the budget
for 2013–14 was 42:58. Furthermore, in 2013–14 (in
December), around INR 78.68 billion was diverted from
the capital to the revenue account after which it fell to
38:62. The current year’s ratio is an unimpressive 40:60.
This trend of declining capital expenditure, in relation
to the revenue expenditure, is not encouraging for the
modernization plans of the armed forces. It seems that the
rising cost of maintaining the defence forces is restricting its
modernization, pointing toward lack of central planning.
33.95 33.95
37.33
2013-14 (Budget) 2013-14 (Revised) 2014-15 (Budget)
Total Defense Expenditure (US$ billion)
% increase from 2013-14 (Budget): 9.98%
% increase from 2013-14 (Revised): 9.98%
% increase from 2013-14 (Budget): 3.28%
% increase from 2013-14 (Revised): 13.59%
14.46
13.15
14.93
2013-14 (Budget) 2013-14 (Revised) 2014-15 (Budget)
Capital expenditure (US$ billion)

3. 3Eye on Defence |
0.00
1.00
2.00
3.00
4.00
5.00
6.00
7.00
2013-14 (Budget) 2013-14 (Revised) 2014-15 (Revised)
Army
Navy
Airforce
Defence Ordnance Factories
R&D
Other
Breakdown of capital expenditure (in US$ billions) The budget allotted to the army (53% share of the allocated
budget) has seen an impressive increase of 19% over
last year. Last year, the army was to disburse more than
INR646.8 billion — 92% of its capital allocation — for pre-
committed expenditures (most of it toward ammunition,
radars and missiles programs), leaving it with just INR29.55
billion for new contracts. In 2014–15, the army has its eyes
set on big ticket contracts such as the M777 Light Howitzer,
197 Helicopters contract, the Close Quarter Carbines
project, Javelin Missile and Night Vision Equipment. With a
substantial increase in the budget, it may be feasible for the
army to sign some of these contracts.
There has also been announced a provision of INR357
million in the interim defence budget for prototype
development under the “Make” procedure. It is unclear how
this money will be allocated or if it will be enough, since
major programs such as TCS, BMS and FICV are in the
pipeline under the Make procedure.
Category of
Equipment
2013–14 (BE) (in INR
million)
2013–14 (RE) (in INR
million)
2014–15 (I) (in INR
million)
% Growth of 2014–15
(I) over 2013–14 (BE)
Aircraft and aero
engine
15277.9 11823.2 21279.9 39.29
H&MV 20243.7 14809.4 21281.6 5.13
Other equipment 97588.6 78894.7 161559.3 65.55
Rolling stock 0 815 2750.7
Rashtriya rifles 160.2 1669.9 2130.5 1229.9
Total acquisition
expenditure
133270.4 108012.2 209002 56.83

4. 4 | Eye on Defence
Category of
equipment
2013–14 (BE) (in INR
million)
2013–14 (RE) (in INR
million)
2014–15 (I) (in INR
million)
% Growth of 2014–15
(I) over 2013–14 (BE)
Aircraft and aero-
engine
255395.9 285888.5 162714.3 -36.29
H&MV 28.2 361.4 1942.9 6789.72
Other equipment 115056.5 73915.5 153521.7 33.43
Total acquisition
expenditure
370480.6 360165.4 318178.9 -14.12
The budgeted provision for the Air Force has declined from
last year; however, the Air Force exhausted its share of
the budget in 2013–14 mainly paying instalments toward
already running programs. Especially interesting is the
major drop in budgetary provision for the aircraft and
aero-engine head. Considering that a major portion of this
allocation will already be committed toward contracts such
as C-17, C-130J, Basic Trainer, LCA, SU-30MKi signed in
previous years, it raises serious questions on the ability of
the Air Force to undertake major fresh programs expected
to come up for signing in 2014–15 such as the MMRCA,
attack and transport helicopters, aerial refuelers aircraft,
Jaguar Re engine program among others. The MoD will have
to make a down-payment of up to 15% of the contract value
on signing of the contract with Dassault Aviation if it decides
to sign the MMRCA this year.
The Naval budget for 2014–15 has also witnessed a decline
in absolute terms. The Navy is expected to finalize major
programs such as the Heavy Torpedo programs, Barak
missiles, Mine Counter Measure Vessels, Kolkata Class
Destroyers in 2014–15. Most of its capital budget last year
was spent toward paying for already running programs
such as the OPVs, Project 17 Shivalik Class Frigates, INS
Vikramaditya and some fresh programs such as the Towed
Active Array Sonar. The aircraft and aero engine head
under the Navy has seen a sharp decline putting the fate of
programs such as the multi-role helicopters, additional P8i
aircraft under question.
Category of
Equipment
2013–14 (BE) (in INR
million)
2013–14 (RE) (in INR
million)
2014–15 (I) (in INR
million)
% Growth of 2014–15
(I) over 2013–14 (BE)
Aircraft and aero-
engine
67087.1 74184 33306.9 -50.35
H&MV 537.4 39 342.7 -36.23
Other equipment 21928.2 25148.7 43581 98.74
Joint staff 7400.8 6192.7 828.8.7 12
Naval fleet 117722.6 87578.7 12856.0.6 9.21
Naval dockyard 20111.7 5500 1612.8.7 -19.8
Total acquisition
expenditure
234787.8 198643.1 23020.8.6 -1.95

5. 5Eye on Defence |
Revenue expenditure
Revenue expenditure includes budget for pay and
allowances, rations, clothing, stocking of spares, petrol,
oil and lubricants, maintenance works, etc. In the Interim
Budget it has shown a growth of 15% from the estimated
budget and that of 7.7% from the revised budget of 2013–
14. This increase may be attributed mainly to the increase
in pay and allowances of soldiers. Adding significantly to
this number will be the salaries and pensions for 80,000
fresh soldiers being added to the Army as part of the new
Mountain Strike Corps being raised in the North East. The
cost of raising these divisions is expected to be to the tune
of INR650 billion with an annual obligation of around INR80
billion. The current revenue budget may not be equipped to
handle this pressure. How then the government decides to
plug in this gap remains to be seen.
In 2013, the revenue expenditure overshot its allocation
due to increased fuel prices globally and India’s weakening
foreign exchange position. This shortfall was made good by
transferring money from the Capital Budget account to the
revenue account.
19.49
20.80
22.40
2013-14 (Budget) 2013-14 (Revised) 2014-15 (Budget)
Revenue expenditure (US$ billion)
-2
0
2
4
6
8
10
12
14
16
18
2013-14 (Budget) 2013-14 (Revised) 2014-15 (Budget)
Army Navy Air Force
Defence Ordnance Factories
R&D
Breakup of revenue expenditure (US$ billions)
% increase from 2013-14 (Budget): 14.95%
% increase from 2013-14 (Revised): 7.70%
References
1. “What-is-interim-budget-or-vote on account,” IBN
Live Interim Budget 2014, www.IBNlive.in.comnews, 17
February 2014
2. Ajai Shukla, “Defence budgeting based on delusion,”
Business Standard, 17 February 2014
3. “IDSA comments, India’s Interim Defence Budget 2014–
15,” IDSA, 23 February 2014

6. 6 | Eye on Defence
Indigenous capability EW systems
The global proliferation of electronics and communications
has evolved into a significant technologies advantage.
Electronic Warfare (EW) is a key element in the Armed
Forces ongoing effort to rebuild and modernize their
capability. This also presents challenges, since our
adversaries are constantly developing the means to use
these same wireless networks, electronics, computer
networks, and electronic warfare capabilities to launch
attacks. To meet these challenges, the Armed Forces are
implementing and integrating network and electronic
warfare capabilities to counter the hostile use of cyberspace,
space, and the electromagnetic spectrum. To put simply EW
is any military action involving the use of electromagnetic
and directed energy to control the electromagnetic
spectrum or to attack the enemy. It has three main domains.
Electronic attack (EA)
Use of electromagnetic energy, directed energy, or
anti-radiation weapons to attack personnel, facilities, or
equipment with an aim to degrade, neutralize, or destroy
enemy combat capability. These include:
•  Electromagnetic Jamming (e.g., self-protection
jamming or standoff jamming)
•  Positioning, navigation, and timing denial
•  Electromagnetic deception
•  Directed energy
•  Anti-radiation missile
•  Expendable flares, decoys
Electronic protection (EP)
Actions taken to protect personnel, facilities, and
equipment from any effects of friendly or enemy use of
the electromagnetic spectrum that degrade, neutralize, or
destroy friendly combat capability through:
•  Electromagnetic spectrum management
•  Electromagnetic hardening
•  Emission control
Electronic support
Actions tasked by, or under direct control of, an operational
commander to search for, intercept, identify, and locate or
localize sources of intentional and unintentional radiated
electromagnetic energy for the purpose of immediate threat
recognition, targeting, planning, and conduct of future
operations.
The measures adopted for above purposes are broadly
categorized as under:
Electronic Warfare- Measures
Electronic Support
Measures (ESM)
Electronic Counter
Measures (ECM)
Electronics Counter
Countermeasures (ECCM)
• Intelligence
• ELINT
• COMINT
• Detection
• Direction Finding
• Analysis
• Identification
Active Active
Deception ChemicalJamming Mechanical
Passive Passive

7. 7Eye on Defence |
Wars in the future will be primarily fought in the electronic
domain. Electronic warfare (EW) plays both strategic and
tactical role in any modern military operation. These assets
are employed for supportive, protective and offensive
measures. The specific capabilities and equipment
specifications are usually highly classified. The EW systems
should have the following characteristics in order to be
effective force multipliers in the Indian context:
•  Multifunctional and inter-operable with various
platforms; we need to integrate tri-service EW systems
for information sharing and collaborative action.
•  Secure and jam-resistant communications with inbuilt
robust Electronic Counter Counter Measures (ECCMs) to
maintain healthy service levels
•  Ability to intercept global system for mobile
communications (GSM), code division multiple access
(CDMA), high frequency (HF) to microwave frequency
and satellite monitoring, with both active and passive
systems
•  Focus on deciphering, frequency hopping and automatic
switch control etc. for multi-range communication
needs.
Indigenous capability
DRDO has been the main design agency with BEL being the
production agency for most key indigenous EW programs.
Defence Electronics Research Laboratory (DLRL) Hyderabad
has been developing communications intelligence (COMINT)/
electronic intelligence (ELINT), land and naval systems such
as Ajanta, Ellora, Sangraha, Samyukta, Catch, and Coin.
Furthermore, Defence Avionics Research Establishment
(DARE) Bangalore
developed airborne EW
systems for JAGUAR
(DAWN) through
imported technology
for development of
indigenous family of
Radar warning receivers
(RWR) such as Tranquil,
Tarang, Tarang-1B,
R-118 etc. Airborne
Self Protection Jammer
(ASPJ) system developed
Tempest inducted in limited numbers.
By now, India’s EW capabilities include secure and jam-
resistant communications, EW systems and simulators,
COMINT and Interception Systems, antenna, satellite
communication systems (SATCOM Systems), networks,
stabilized platforms for air-borne radars, C4I systems and
missile support systems, encryption and secrecy systems
etc.
Airborne EW programs
Several other programs are being handled by DRDO, HAL,
and BEL with foreign partnership in Air Borne EW segment,
which are discussed as under:
Program No. of platforms Estimated cost (in INR
billion)
Partners
MiG-27 UPG (TAKSHAK) 40 7.5 ELTA
PA - BEL
LCA (MAYAVI) 80 + 12 ELISRA
Su -30 (HADF) 40 2 ELISRA
PA - BEL
ALH 100+ 3 SAAB, Avitronics, L&T
HAWK 88 N/A Open
MiG-29 UPG 63 10 ELISRA, Electtronica
The fourth-generation EWS are currently being developed
by the state-run Defence Avionics Research Establishment
(DARE) and Defence Electronics Research Laboratory (DLRL).

8. 8 | Eye on Defence
Industry capability
The ever-growing potential of EW systems as a force-
multiplier for the military has been recognized by private
companies as well. To begin with, they have played a
very effective role with their expertise in electronics,
communication and IT. The Indian private sector has the
necessary licenses for design, development and production
of EW systems and also demonstrated indigenous capability
in most of the domains, which has been verified during
NCNC evaluations. They also have flexibility to leverage
the eco system to obtain comprehensive ToT and IPRs
for imported sub systems, which will lead to self-reliance.
Some of the firms active in the domain are Tata Power SED,
Larsen & Toubro, Alpha Design, Axis Technologies etc.
Private players have been prime bidders even in Buy
(Global) EW tenders and are willing to invest stand alone
or as Consortia modes. They can provide Lifecycle Product
Support -Existing Pan India. L&T & TATA Power SED are
identified by DRDO as candidates for Engg & Life cycle
Support Agency (ELSA) for AEW&C project, beside can take
on Annual Maintenance Contract.
Tata Power SED bagged, a rare “Buy Global” defence
contract by being the lowest bidder in a US$186 million
contract to develop and supply two integrated electronic
warfare systems for mountainous terrain (IEWS-MT) for the
Indian Army in 2011. It is expected to open a larger market
for future EW systems for private players.
Although work is in progress indigenously, there is adequate
scope to bring in latest technology with the Indian private
players, thereby increasing the effectiveness of such
systems, so vital in this field where the better system
dominates the spectrum. Capability to work outside of
the radio-frequency band and in the infrared band would
facilitate search and track (IRST) and make possible anti-
electronics weapons.
Market size
The continuing exploitation of the electromagnetic spectrum
will be a driving factor for market growth. So far the market
has been dominated by DRDO and government sector
production units. The market will become more competitive
with the entry of private sector and partnership with foreign
OEMs. The competitors will engage in joint ventures to have
the technical know-how and the technology. Though the 4th
Generation EW can be developed indigenously, scope exists
for foreign companies to render technical assistance to the
Indian players to produce state-of-the-art systems.
The global electronic warfare market is estimated to be
US$12.15 billion in 2014 and is expected to register a
CAGR of 4.50% to reach US$15.59 billion by 2020. In the
Indian context, the EW systems segment forms almost one-
third of Communications and Avionics market, which in turn,
forms around 4.7% of total procurement. The annual market
size (2010–13) of this market has been worth INR35–40
billion and is growing at around 8% annually, over the years.
528
559
600.2
640 685
0
100
200
300
400
500
600
700
800
2011 2012 2013 2014 2015
Amountin$Million
Indian EW and Communication Market
Share of Communication & Avionics in Total
Procurements (2010-2013
36%
9%
10%
1%
Communication and Avionics
Other Equipment
Naval Fleet
Naval Dock-Yards
Misc.
Land
Construction
Air-Craft and Aero-Engine
Heavy and Medium Vehicles
1%
15%
20.3%
4.7%
3%

9. 9Eye on Defence |
Land systems
Land-based EW systems are moving beyond jammers,
which also block friendly communications, to selective and
reactive jamming capabilities, combined with flexibility,
power, modularity and portability. This in turn will represent
design challenges/opportunities for the next generation of
land-based EW systems and components that will need to
operate across wider bandwidths and higher frequencies as
the signal environment continues to become more complex
and congested.
Some of the major systems required are:
•  Replacement of Russian P series (P-18, P-19), Indra and
the Reporter radars
•  Procurement of MPRs and LLTRs worth more than
US$1.5 billion (INR75billion) in the next five to seven
years
•  Procurement of mobile EW systems, both wheeled and
tracked, worth around US$400 million (INR 20 billion)
•  Development of light-weight mounted radars for its
manned and unmanned aircrafts and helicopters
•  Development of EW systems specific for use in the low
intensity conflict (LIC) areas to be used in mountains,
plains and jungle terrain
•  Development of EW systems specifically for deserts,
mountains, and heliborne platforms
•  Development of EW systems for active protection to
land vehicles
Naval systems
Sangraha comprises a family of electronic warfare suites,
such as Ajanta and Ellora, for use on different naval
platforms (helicopters, vehicles, and small ships) capable of
intercepting, detecting, and classifying. The systems employ
a modular approach facilitating deployment on various
platforms such as helicopters, vehicles and small ships.
Airborne EW programs
Some of the recent direct big ticket procurements or those
in pipeline with foreign EW suits are VVIP Boeing(FMS)-3,
C-130 (FMS)-6, Heavy Lift Heptrs-12, Mi-17 upgrade- 70+,
Mi-17 Procurement- 80, Light Heptrs-(A/N/AF)-197,
MMRCA- 126, M-2000 UPG-52 etc. Airborne EW, which
encompasses electronic attack (including jamming and
spoofing), electronic protection against jamming and cyber-
attack, and offensive cyber capabilities to attack enemy
networks would be future requirements.
Heli-borne EW systems
The specifications are under formulation for the plans
to procure helicopter-borne early warning systems. For
HAL Dhruv helicopter, HAL and IAI jointly developed a
glass cockpit. Avionics suites consisting of a HF/UHF
communications radio, identification, friend or foe (IFF)
recognition, Doppler navigation, and a radio altimeter; a
weather radar, navigation radars and also avionics for day-
and-night flight observation are other major subsystems
required.
Saab Compact Integrated Defensive Aids Suite (CIDAS)
has been selected by HAL for its Dhruv, Rudra and LCH
helicopters. Saab has signed an MoU with HAL in 2011 to
form a joint venture for airborne EW systems. Similarly,
Bharat Electronics Ltd.. and Elbit Systems-Elisra are working
together on airborne electronic warfare programs for Indian
defence requirements.

10. 10 | Eye on Defence
Ballistic Missile Defence
A two-tier ballistic missile defence (BMD) network is at an
advanced stage of development by the DRDO. Currently, it
is using the ELTA Systems-built EL/M-2080 “Green Pine”
ground-based active phased-array L-band long-range
tracking radar (LRTR). The fielding of the BMD may see the
need for more such radars (six to seven) at a cost of US$1.5
billion (INR75 billion). Much of the work involved is expected
to be out sourced by DRDO.
Some of the recent RFIs/RFPs in this segment are as under:
Date of issue RFI details
Indian Air Force
15-Jul-10 Heliborne EW System
17-Dec-10 Light Weight Integrated (LWI) Helmet of Chetak/ Cheetah for Helicopters Aircrew
02-Feb-11 Airborne Sigint System and Tactical Elint Pod
27-May-11 Instrumented EW Range
03-Dec-12 Passive Surveillance and ELINT system
13-Aug-13 Close in Weapon Systems (CIWS)
13-Aug-13 Low Level Quick Reaction Missile System
13-Aug-13 Medium Range Surface to Air Missile System
13-Aug-13 Long Range Surface to Air Missile System
13-Aug-13 New Generation Beyond Visual Range (NG BVR) Air to Air Missile
13-Aug-13 New Generation Within Visual Range (NG WVR) Air to Air Missile
19-Aug-13 Radar Warning Receiver
19-Aug-13 Counter Measure Dispensing System (CMDS)
19-Aug-13 Procurement of Laser Warning Receiver
19-Aug-13 Procurement of Missile Approach Warning System
19-Aug-13 Procurement of Directed Infrared Counter Measure System
19-Aug-13 Radar Warner Jammer
19-Aug-13 Procurement of Escort Jammer
24-Sep-13 High Power Radar
Indian Army
26-Nov-09 Infra-Red Jammer
01-Jun-10 ELINT Intercept Receivers
16-Aug-12 ELINT Intercept Receiver for Mountainous Terrain
03-Sep-13 SAKRIYA (Radio And Cell Phone Jammer Counter IED System) Qty-22
Indian Navy
Aug-10 COMINT System with DF Capability for Project 75 (Submarines)
Oct-10 Six medium-range maritime reconnaissance aircraft capable of maritime patrol, anti-surface
warfare, electronic intelligence and search and rescue.
25-Nov-10 Integrated ASW Defence Suite
02-Aug-13 EOIR (Electro Optical & Infra-Red Payload) for Helicopter
02-Aug-13 Infra-Red - Visual Search Light
24-Oct-13 Electro Optical System with Automatic Infrared Search and Track Facility Having Provision for
Remoting Gun Mounts (EOIRST)
Request for information (RFIs) - EW SYSTEMS 2009–2014

11. 11Eye on Defence |
Request for proposal (RFPs)- EW systems– 2009–2014
Date of issue RFP details
Indian Air Force
23-Apr-13 TARANG Mk-1B Radiation Warning Receiver System Mechanical Mod Kits for IL-76/IL-78 fleet of
IAF; Qty: 6
15-Jul-13 Automatic electronic warning system
06-Jan-14 Airborne RF Package Mk I (M. No. SYABPDE1-Mk1) + Two items; Qty: 2
India Army
13-Mar-13 Advance Surveillance Receiver; Qty: 48
21-Mar-13 Gamma Sensor; Qty: 18
DRDO and OFB
18-May-12 Laser Warning System
13-Jan-14 RF Multiplexer Module; Qty: 3
16-Jan-14 Wireless radio data link modems with accessories - DRDO
06-Feb-13 G Band Wave Guide Components
15-Feb-13 S Band WR 284 waveguide calibration kit and WR 137 C-Band waveguide calibration kit; Qty 01
No.
22-Jan-14 Laser diffraction based particle size analyzer
References:
1. Field Manual No. 3-36, Electronic Warfare in Operations,
Headquarters Department of the Army Washington, DC,
2014IANS, “BEL to invest $100 million in electronic warfare
products,” Business Standard, 18 February 2014
2. “Electronic warfare offers Rs 25,000-cr biz for India Inc,”
PR Newswire, February 21 2012
3. “Electronics,” DRDO website, http://drdo.gov.in/drdo/
English/index.jsp?pg=tech_electronics.jsp, accessed 5
March 2014

12. Date of Issue RFI Details Response Date Issued By Defence Service
28-Feb-14 Night Sight for
7.62mm Light
Machine Gun (TI)
26-Mar-14 PMO F-INSAS For IA
25-Feb-14 Passive Night Sight
(PNS) for Rifle AK-47
20-Mar-14 DG of Weapons and
Equipment (W E-8/9)
For IA
25-Feb-14 Intermediate Jet
Trainer Aircraft
04-Apr-14 Principal Director, Air
Staff Requirement
For IAF
26-Feb-14 Digital Side Scan
Sonar
18-Mar-14 Directorate of
Hydrography MoD
Navy
For IN
26-Feb-14 Portable Shallow water
Multibeam System
18-Mar-14 Directorate of
Hydrography MoD
Navy
For IN
21-Feb-14 Cots Radar With Multi
Function Display
30-Mar-14 Directorate of Staff
Requirements Navy
For IN
21-Feb-14 Boom Defense System 31-Mar-14 Directorate of Staff
Requirements Navy
For IN
21-Feb-14 Cots Radar With Multi
Function Display
30-Mar-14 Directorate of Staff
Requirements Navy
For IN
19-Feb-14 Work Boats 14-Mar-14 PD(SA) DTE of Ship
Acquisition Coast
Guard
For ICG
23-Jan-14 Electronic Data Display
Unit for Indian Army
10-Feb-14 Comdt, EME School For IA
10-Jan-14 Mobile Integrated
Network Terminal
(MINT) for mountain
05-Mar-14 Directorate of System
Applications
Directorate General of
Signals
For IA
02-Jan-14 Conductivity
Temperature Depth
(CTD) System
27-Jan-14 Directorate of
Hydrography. MoD
(Navy)
For IN
02-Jan-14 Autonomous
Underwater Vehicle
(AUV)
27-Jan-14 Directorate of
Hydrography, MoD
(Navy)
For IN
12 | Eye on Defence
Request for information (RFIs) for
January – March 2014

13. 13Eye on Defence |
Request for proposal (RFPs) for
January 2014 – March 2014
Date of Issue RFI Details Response Date Issued By Remarks
07-Mar-14 Protective Masks (3-M
Full Face Masks)
12-Mar-14 AOC, 3 BRD Air Force For IAF
Qty: 12 Nos.
06-Mar-14 Very Short Range
Air Defence System
Simulator
27-Mar-14 Army Air Defence For IA
Qty: 01 Nos.
04-Mar-14 Driving Simulator Four
Wheel
19-Mar-14 Air Force Station
Digjam Road
For IAF
04-Mar-14 Test Equipment for
New Generation Tank
Sight
19-Mar-14 Comdt, EME School. For IA
04-Mar-14 Bullet Proof Jacket NIJ
Threat level III
24-Mar-14 Naval Materials
Research Laboratory
Issued by DRDO
Qty: 28Nos.
27-Feb-14 Igla Training Simulator 19-Mar-14 Army Air Defence
Centre, Golabandha,
For IA
24-Feb-14 Set Beam Search Light 27-Mar-14 Procurement Cell For NSG
Qty: 100 No.
25-Feb-14 R-2 Airborne Antennas 03-Apr-14 Aeronautical
Development
Establishment
Issued by DRDO
19-Feb-14 Coxed Four FRP
Floating Jetty
10-Mar-14 NS Zamorin Ezhimala
Naval Academy.
For IN
Qty: 10
19-Feb-14 Laser Radial Boat
Equipment (Power
Pack)
04-Mar-14 INS Zamorin, Naval
Academy PO
For IN
Qty: 06
19-Feb-14 LWI Helmet for CTK/
CTH Hepter
13-Mar-14 DTE of Procurement
Air HQ (VB),
For IAF
18-Feb-14 LWI Helmet, Mask
Oxygen Mic Lead and
Microphone Dynamic
13-Mar-14 DTE of Procurement
Air HQ (VB),
For IAF
17-Feb-14 Structural Retrofit and
Life Extension Task on
Thirty Three MiG-29
Fighter Aircraft.
17-Apr-14 Head Quarters
Maintenance
Command, Nagpur –
440007
For IAF
14-Feb-14 Remote opening tool
kit (CROT)
07-Mar-14 The Commandant,
College of Military
Engineering,
For IA
Qty: 2, explosive
detective kits Qty: 1,
Hook and line set
14-Feb-14 HVF Tender (11 Types
of NBC Pads
18-Mar-14 HVF Avadi Issued by OFB
13-Feb-14 CCTV Camera 06-Mar-14 Naval Command For IN

14. 14 | Eye on Defence
Date of Issue RFI Details Response Date Issued By Remarks
13-Feb-14 4,381 Quantity of
Round 122MM HOW
(Full Charge) Smoke
(White Phosphorous)
Ammunition
08-May-14 MGO PPO For IA
13-Feb-14 4,751 Quantity
of Round 122MM
HOW (Reduced
Charge) Smoke
(White Phosphorous)
Ammunition
08-May-14 MGO PPO For IA
13-Feb-14 9,058 Quantity of
Round 122MM HOW
HE (Reduced Charge)
Ammunition
08-May-14 MGO PPO For IA
13-Feb-14 122MM HOW
Illuminating (Full
Charge) Ammunition
08-May-14 MGO PPO For IA
Qty: 3,144
12-Feb-14 Security Equipment
(Multifunctional
Electronic Target
System)
03-Mar-14 For IAF
10-Feb-14 Proc of training
packages of guided
weapon (GW) basic
including display
system
04-Mar-14 Army Air Defence
College : Gopalpur
For IA
11-Feb-14 TACAN/9039119
transistor 0912-300
KC16
25-Feb-14 LP Cell 9 BRD, AF For IAF
Qty: 04
03-Feb-14 Cartridge SA 7062
MM (With Steel Core
Bullet) Rimmed - QTY
76,04,171
17-Apr-14 DDG PPO For IA
25-Jan-14 Electronic Ballast 40
Watt
10-Feb-14 General Manager,
Ordnance Equipment
Factory, Kanpur
Issued by OFB
24-Feb-14 Shrapnel Proof
Ballistic Protection
Goggles
03-Feb-14 HQ TC For IAF
Qty: 100
23-Jan-14 General Service Life
Jacket
27-Feb-14 Controller of
Procurement Material
Organisation (Mumbai)
For IN
Qty: 4950
22-Jan-14 Laser diffraction based
particle size analyzer
19-Feb-14 Director, HEMRL, Pune Issued by DRDO

15. 15Eye on Defence |
Date of Issue RFI Details Response Date Issued By Remarks
20-Jan-14 FUZE 213 MK-5 (M-3)
for 81MM ILLG
07-Feb-14 General Manager,
Ordnance Factory,
Dehuroad
(Maharashtra), Pune
Issued by OFB
20-Jan-14 FZ 117 DA (E) with
cap for 105MM HE
27-Jan-14 Issued by OFB
22-Jan-14 Aerial Bomb 100-120
KG.RDZ (Empty)
25-Feb-14 The General Manager,
Ordnance Factory
Khamaria, Jabalpur
Issued by OFB
06-Jan-14 Computed
Radiography System
(CR System)
28-Jan-14 Directorate General
of Medical Services
(Air) Air Headquarters
(RKP)
For IAF
06-Jan-14 Infra Red
Thermometer
(Thermal Gun)
13-Feb-14 Deputy General
Manager (Materials),
Cochin Shipyard
For IN
06-Jan-14 Computed
Radiography System
28-Jan-14 Directorate General of
Medical Services (Air)
Air Headquarters
(RKP)
For IAF
06-Jan-14 Airborne RF
Package Mk I (M. No.
SYABPDE1-Mk1) +
Two items
29-Jan-14 Aeronautical
Development
Establishment,
Bangalore
For IAF
06-Jan-14 Digital Aneroid
Barometer
04-Feb-14 Directorate of
Meteorology, AIR HQ
(VB)
For IAF
06-Jan-14 Two Wind Direction
And Speed Sensors
04-Feb-14 Directorate of
Meteorology, AIR HQ
(VB)
For IAF
06-Jan-14 Supply Of Digital
Mobile Met Kit
04-Feb-14 PD Met, Directorate of
Meteorology, Air HQ
(VB
For IAF
06-Jan-14 Radio Controlled
Target Boats (RCTBs)
19-Feb-14 Directorate of
Indigenisation,
Integrated
Headquarters, Ministry
of Defence (Navy)
For IN
Qty: 2
04-Jan-14 Tactical Vest 22-Jan-14 Col EME, EME Branch,
HQ Central Command,
Lucknow
Qty: 1040

16. 16 | Eye on Defence
Date of Issue RFI Details Response Date Issued By Remarks
02-Jan-14 Bomb Arial 100-120
Kg Empty
18-Feb-14 Deputy General
Manager, OFB
Khamaria, Jabalpur
Issued by OFB
Qty: 1500 Nos.
02-Jan-14 Bomb 450 KG HSLD
Empty ASY ARDE-
2122
18-Feb-14 Deputy General
Manager, OFB
Khamaria, Jabalpur
Issued by OFB
Qty: 1000 Nos.
02-Jan-14 Bomb 250 KG HSLD
ARDE-9501-01/1
Empty
18-Feb-14 Deputy General
Manager, OFB
Khamaria, Jabalpur
Issued by OFB
Qty: 1640 Nos.
01-Jan-14 Procurement and
Installation of Video
Surveillance System
Including Command
and Control Centre
06-Feb-14 Air Officer
Commanding, Air
Force Station Jodhpur
For IAF
01-Jan-14 Fuze Percn. DA.
No.117 empty MK-20
with cap to CQA (A)
part no. QX 244GE, DC
33752-A and specn.
NO. 1A 1204
27-Jan-14 The General Manager,
Ordnance Factory
Chanda
Issued by OFB

17. 17Eye on Defence |
List of industrial licenses (ILs) filed for
November 2013— February 2014
Application no. and date Name of the applicant Item of manufacture
193
28/02/2014
Vihaan Networks Ltd. Base transceiver station, base station controller, main switching
center, charge control unit, CCU combiner, voltage conversion unit,
power cable assembly, OMC racks, TD node/ RT node, e-kiosk, radio
unit, repeater, surveillance/IP camera
171
27/02/2014
Mahindra
Aerostructures Pvt.
Ltd.
Airframe parts and assemblies for aircraft and unmanned aerial
vehicles specially designed for military/defense use
142
25/02/2014
Kadet Defence Systems
Pvt. Ltd.
Unmanned aerial vehicles, unmanned surface vehicles, launchers
and recovery support equipment, airframe and parts thereof for
aerial targets and UAVs, miss distance indicators and scoring
systems, shelters, ground control station and ground support unit
60
17/02/2014
Best Forgings India Pvt.
Ltd.
Manufacturing of parts and accessories of n.e.c. for special purpose
non-electrical machinery equipment n.e.c.— parts of rifle and guns
57
17/02/2014
Raja Explosives Pvt.
Ltd.
Detonators, fuse, cast boosters, PETN and other items
25
05/02/2014
Analogic Controls India
Ltd.
Manufacturing of safety fuses, electronic warfare systems, design,
development and production of defense electronics systems and sub
systems, missile systems etc.
20
31/01/2014
Investment & Precision
Castings Ltd.
Manufacturing of parts and accessories of n.e.c. for special purpose
— non electrical machinery equipment n.e.c.— parts of rifle and gun
18
30/01/2014
Neco Defence Systems
Ltd.
Bulletproof jacket, bulletproof helmet, body protector, bulletproof
other items
13
22/01/2014
Radiant Wiring Systems
Pvt. Ltd.
Wire harness
07
20/01/2014
Amertec Systems Pvt.
Ltd.
Manufacturing of automatic test equipment and simulators for
radars, seekers, EW and data link applications, electro-optic units,
electro mechanical systems, UAVs, missile systems, pods, T/R
modules, RF and microwave sub systems
05
20/01/2014
Hi - Tech Investment
Castings Ltd.
Manufacturing of weapons and ammunition, ignition parts and other
electrical parts for internal combustion engines, air and spacecraft
and related machinery, weapons and ammunition.
04
17/01/2014
Micron Instruments
Pvt. Ltd.
Weapon systems such as mortars, rocket launchers, grenade
launchers, and missile launchers
79
31-12-2013
UMS Technologies Ltd. Manufacture of steam engine and turbine
78
30-12-2013
Economic Explosives
Ltd.
New generation explosives for defense applications, new generation
binders and plasticisers for rocket propellants for defense
73
20-12-2013
ESS AAR Tools Pvt. Ltd. Machined components, special purpose machines

18. 18 | Eye on Defence
Application no. and date Name of the applicant Item of manufacture
71
17-12-2013
Micronel Global
Engineers Pvt. Ltd.
Aerosystems parts and items of aircraft and helicopter and UAV
70
25-11-2013
Punj Lloyd Aviation Ltd. Manufacturing of aircraft, LAV, UAVs, aero engines and aircraft
equipment, related equipment and components specially designed or
modified for military use
68
25-11-2013
Punj Lloyd Aviation Ltd. Forging, casting, aero-structures and components for aerospace
specially designed to be used in military platforms, launcher use and
other unfinished products
67
25-11-2013
Punj Lloyd Aviation Ltd. Maintenance, repair and overhaul activities of aircraft, lighter than
air vehicles, unmanned aerial vehicles, aero-engines and aircraft
equipment, related equipment and aerospace-related equipment and
components
66
22-11-2013
Belmaks Pvt. Ltd. Manufacture of sheet metal components for defense
65
18-11-2013
OIS Aerospace Pvt. Ltd. Manufacturing of parts accessories, sub-systems of aircraft lighter
than air vehicles, unmanned aerial vehicles, and aerospace software
engineering; maintenance of the above and ground support systems
64
14-11-2013
Titan Company Ltd. Design, development and manufacturing of components, parts,
assemblies, sub-assemblies, systems and subsystems for aircraft,
helicopters, avionics, aero engines, airborne systems, UAV, UVS,
warfare system, satellite systems, weapon systems, weapon systems,
rocket and missile launchers, etc.
63
14-11-2013
SKL (India) Pvt. Ltd. General sets, control panels, repair of electrical indl. machines

19. 19Eye on Defence |
New projects/investments/contracts
Name of entity Project details Value*
Indian Air Force
(IAF)
• ►The IAF is looking to buy 14 squadrons of indigenously built Tejas Light Combat Aircraft.
Each IAF combat squadron has 21 fighter aircraft; therefore, 14 squadrons will require
294 Tejas fighters.
• The Tejas will cost INR2.09 billion per fighter when the entire development cost on the
fighters is amortized. However, Hindustan Aeronautics Ltd. (HAL), which manufactures
the Tejas, quoted a reduced price for the IAF at INR1.62 billion a fighter.
INR476
billion
Ordnance
Factory Board
(OFB)
• OFB is seeking help from overseas companies to modernize its factories. The
modernization program is expected to begin in April 2014.
• Currently the OFB is evaluating UK-based BAE System’s offer to modernize its 41
factories.
• The modernization efforts will continue through the Twelfth five-year plan period of
(2012–17).
INR157
billion
Ministry of
Defence (MoD)
• The MoD has cleared multiple procurement proposals for the Indian armed forces in a
meeting of the defense acquisitions council (DAC).
• The different proposals cleared include an INR40 billion plan to procure hand-held
thermal imagers with laser range finders from Bharat Electronics Limited (BEL).
• A project to procure thermal imaging sights worth around INR30 billion was also cleared
for the tank fleet of the Army including T-90 and T-72 tanks and the BMP armored
personnel carriers.
• The major chunk of more than 40,000 light machine guns will go to the Army, while the
Air Force and the Navy will get around 3,000 pieces from this acquisition.
• The Army’s Special Forces also got approval for the light armed multi-purpose vehicle
(LAMV) worth around INR12 billion under which 702 vehicles will be procured.
• Finally, the DAC approved an INR18 billion project to modernize five ordnance depots of
the Army.
INR90
billion
MBDA • MBDA won a contract to provide IAF with air-to-air close combat missiles for its British-
made Jaguar aircraft.
• It has beaten Rafael of Israel and Rosoboronexport of Russia in the tender floated in
2009.
• Though the missile trials were completed nearly two years ago, the MoD delayed
announcing the short-listed vendor. MBDA is waiting for finalization of the contract.
INR22
billion
Finmeccanica • DAC cleared a proposal to procure Black Shark torpedoes from Finmeccanica for the
Navy. Black Shark torpedoes are multi-purpose weapons designed to launch from both
submarines and surface vessels.
• The Indian Army plans to buy 98 torpedoes, out of which 20 would be procured from
the original equipment manufacturer and the rest would be manufactured by Bharat
Dynamics under licence in India.
INR19
billion

20. 20 | Eye on Defence
Name of entity Project details Value*
Indian Space
Research
Organisation
(ISRO)
• ISRO got the GoI’s clearance to establish a high-tech rocket assembly center and to
set up its third launch pad in the Satish Dhawan Space Centre (SDSC) at Sriharikota in
Andhra Pradesh.
• With more than 50 missions in the queue during the next five years, ISRO plans to set
up the high-tech launch pad by 2016.
• The launch complex will provide complete support for vehicle assembly, fueling,
checking and launch operations. It will also have facilities for launching sounding rockets
meant for studying the earth’s atmosphere.
INR5
billion
Pilatus • Swiss aircraft maker company, Pilatus, announced plans to establish a manufacturing
facility in India.
• The facility will produce airframes in the beginning for its single-engine turboprop PC-12
aircraft.
• The company also plans to set up a business unit named Pilatus Aircraft India, within
the next three years, to expand its Indian operations.
NA
Bharat Heavy
Electric Limited
(BHEL) and
DRDO
• BHEL plans to collaborate with DRDO to indigenously develop field guns for the Indian
Army, including a more modern and potent variant of the infamous 155 mm Bofors
Howitzer guns.
• BHEL is likely to produce a lower or higher calibre version of the upgraded indigenous
version of original Swedish 155 mm Bofors Howitzer, which the Ordnance Factory Board
(OFB) is already developing.
• BHEL also plans to participate with the MoD to manufacture smaller field guns of 30
mm size, apart from large-sized 155 guns.
NA
*The values of the deals have been converted to Indian Rupees using Oanda currency conversion tool 1US$ = INR62
Sources:
1 “Rs 9,000-cr weapons acquisition plan cleared,” Deccan Herald, 25 February 2014, via Factiva ©The Printers (Mysore) Private Ltd.
2. “A number of projects to do away with the night blindness,” Press Trust of India, 24 February 2014, via Factiva.
3. “HAL plans to establish first aerospace university in India,” India Public Sector News, 19 February 2014, via Factiva.
4. “IAF will buy 14 Tejas squadrons, lowering costs,” Business Standard, 11 February 2014, via Factiva.
5. “DRDO’s UAVs to hunt down Naxals,” The Hindu, 8 February 2014, via Factiva, © Kasturi & Sons Ltd.
6. “Swiss aircraft maker to establish manufacturing unit in India,” Mena Report, 7 February 2014, via Factiva, © Albawa.
7. “Pilatus to setup manufacturing facility in India,” Indian Business Insight, 6 February 2014, via Factiva, ©Informatics (India) Ltd.
8. Vivek Raghuvanshi, “MBDA to provide missiles for Indian AF Jaguars,” Defense News, 3 February 2014, via Factiva © Army Times Publishing.
9. “Tata Group looking for bigger defence sector pie,” Financial Express, 30 January 2014, via Factiva.
10. “BHEL to expand footprint in defence production market,” Financial Express, 30 January 2014, via Factiva.
11. Pradip R Sagar, “Amid blacklisting process, Agusta firm gets torpedo deal,” DNA - Daily News & Analysis, 17 January 2014, via Factiva, © Diligent
Media Corporation Ltd.
12. “ISRO infrastructure to get a big boost,” Deccan Herald, 6 January 2014, via Factiva, © The Printers (Mysore) Private Ltd.
13. Ajai Shukla, “BAE Systems offers to modernise ordnance factories,” Business Standard, 10 February 2014, via Factiva.

21. 21Eye on Defence |
Joint ventures and alliances
Name of the
entities
Nature of transaction Value*
Ramco and
Turbomeca
►
• ►Ramco Systems signed a memorandum of understanding (MoU) with Turbomeca to
develop compatibility solutions between Turbomeca’s BOOST and Ramco’s M&E/MRO
solution.
• The partnership plans to develop an interface to integrate both solutions to help aerospace
customers, engine services centers and heli-operators benefit from seamless data transfer.
The web-based application will help customers to electronically share data for operations
and airworthiness tasks and limit human factors through its specific online features.
NA
SAAB and
Kalyani
►
• ►Kalyani Group has tied up with Sweden-based defense and security company SAAB to
boost indigenization.
• The strategic alliance will address key Indian air defense projects, including the Very
Short Range Air Defense (VSHORAD) and the Short Range Surface to Air Missile (SRSAM)
requirements.
NA
SAAB and
Ashok
Leyland
►
►
• ►Swedish defense company, SAAB, tied up with Ashok Leyland for the Indian Army’s
requirement for short-range surface-to-air-missile system tender (SRSAM).
• Ashok Leyland will deliver high-mobility vehicles to transport the SRSAM solution.
• All sub-units within the weapon system are being integrated with the Ashok Leyland Super
Stallion 8x8, a high-mobility vehicle capable of operating in all types of terrain under all-
weather conditions.
NA
BEL and
Sagem
►
• ►BEL signed an MoU with France-based Sagem Defense Securite for co-operation in the
production and supply of navigational sensors such as periscope, Inertial Navigational
System and optronic mast to the Indian Navy.
• The MoU will help in understanding and absorbing the critical technology adopted in these
sensors for use in future induction platforms of the Navy. It will facilitate BEL and Sagem
to work together for two years and if considered necessary, the same can be extended to a
further period agreeable to both the companies.
NA
BEL and
Textron
►
• ►BEL has signed an MoU with Textron Systems to develop an unattended ground sensor
(UGS) system for Indian security agencies.
• The UGS system will provide actionable intelligence by displaying the position, direction
and speed of personnel and vehicle threats, making it easy for border management
agencies to locate, identify and intercept them.
NA
OIS-AT
and BCB
International
►
• ►OIS-AT will form strategic relationship with UK-based BCB International. Under this
agreement OIS-AT will work as an OEM of the BCB’s Ultralight Micro Vertical Take Off and
Landing (UMVTOL) Unmanned Aerial Vehicles (UAVs) in a hand-held form factor.
• OIS-AT will also be the Indian OEM for their kinetic systems, including wall-breaching
system and a water interceptor for low-intensity conflicts (LIC).
NA
OIS-AT and
Aerosentinel
• ►OIS-AT plans to enter a strategic relationship with Israel’s AeroSentinel. Under this
agreement, OIS-AT will work in all functions as an OEM of AeroSenitel’s Quad Copter
Unmanned Aerial Vehicles (UAVs).
NA

22. 22 | Eye on Defence
Name of the
entities
Nature of transaction Value*
OIS-AT and
Applied
Research
Associates
(ARA)
• ►OIS-AT will form strategic relationships with US-based ARA. Under this agreement, OIS-AT
will work in all functions as an OEM of the ARA’s Micro Unmanned Aerial Vehicles (UAVs)
and advance this product in India.
NA
Mahindra &
Mahindra and
Telephonics
Corporation
►
• ►Mahindra & Mahindra and Telephonics Corporation’s JV opened the first private sector
aerospace and electronics joint manufacturing facility in India.
• The facility, located in the city of Prithla near Delhi, will focus on the development and
manufacturing of leading-edge radar technology. Initial production of the first proprietary
products commenced at the facility in December 2013.
NA
General
Dynamics
and Samtel
• ►General Dynamics signed a cooperation agreement with Samtel Avionics Ltd., to co-
produce digital displays in India for a range of military and non-military vehicles worldwide.
• The partnership will produce multi-function displays (MFDs) for armored and
reconnaissance vehicles, and for civilian use in utility vehicles such as those used for
garbage collection.
• At least INR5 billion worth orders are estimated for the JV while Samtel Avionics hopes
to build INR1 billion worth of displays each year for General Dynamics’ domestic and
international markets by 2015–16.
• For General Dynamics, manufacturing in India will reduce manufacturing costs while
for Samtel Avionic a strong international player such as General Dynamics will provide
opportunity to increase its sales.
NA
Sources:
1. Ajai Shukla , “Samtel, General Dynamics sign Rs 500-cr agreement,” Business Standard, 3 February 2014, via Factiva.
2. “Mahindra Telephonics Integrated Systems Opens First Private Joint Venture Aerospace & Electronics Manufacturing Facility in India,” Dow Jones
Institutional News, 6 February 2014, via Factiva.
3. “OIS-AT enters into strategic partnership with ARA, USA as OEM of hand launched Micro UAVs in India,” PR Newswire (US), 6 February 2014, via
Factiva.
4. “OIS-AT Enters Into Strategic Partnership With AeroSentinel of Israel as OEM of Quad Copter UAVS in India,” PR Newswire (US), 5 February 2014, via
Factiva.
5. “OIS-AT Enters Into Strategic Partnership with BCB of the UK as OEM of Handheld UAVs in India,” India Investment News, 6 February 2014, via
Factiva, ©Contify.
6. “Saab, Ashok Leyland tie-up for Army's SR-SAM tender,” Press Trust of India, 5 February 2014, via Factiva.
7. Jay Menon, “India’s BEL, Textron Systems Team Up On Ground Sensor System,” Aerospace Daily & Defense Report, 7 February 2014, © McGraw-Hill.
8. “BEL inks MoU with Sagem” Mena Report, 8 February 2014, via Factiva, © AlBawa
9. “Kalyani Group inks alliance with SAAB for defence projects,” Indian Business Insight, 14 February 2014, via Factiva, © Informatics (India).
10. “Ramco Systems signs MoU with Turbomeca for developing compatibility solutions,” Mena Report, 27 February 2014, © AlBawa.

23. 23Eye on Defence |
Country-level deals and initiatives
Country Nature of transaction Additional details
China • The 6th Annual Defence and Security
Dialogue between India and China was held in
New Delhi and co-chaired by India’s Defense
Secretary, Shri RK Mathur and China’s
Deputy Chief of General Staff, Lt Gen Wang
Guanzhong.
• Both sides exchanged views on regional and
global security issues including the security
situation in South Asia, the Asia-Pacific
region and the Indian Ocean region.
• The countries decided on measures for exchanges
and interactions between the Armed Forces in 2014
including a joint Army exercise in India in 2014.
• Other agreed measures included the strengthening of
maritime security cooperation between Navies, officer
exchanges and professional interactions at various
levels of all services and exchanges in the areas of
peacekeeping, counter terrorism and humanitarian
assistance and disaster relief.
Israel • India and Israel are close to completing a deal
to build an antimissile system as protection
from possible nuclear or conventional
attacks.
• The final deal is anticipated to be inked within
six months.
• The envisioned antimissile system would incorporate
India’s indigenous Prithvi air defense technology and the
land-transportable radar under development by Israel
Aircraft Industries.
• Israeli defense company, Rafael, is also in line to
participate in the program.
Japan • India is set to become the first country to buy
a military aircraft from Japan since World
War II. This will help Japan to end a ban on
weapons exports that has kept its defense
contractors out of foreign markets.
• The two countries are in broad agreement
on a deal for the Japan-based ShinMaywa
Industries’ amphibious aircraft, estimated to
cost around US$1.65 billion.
• Currently, Japan offered a stripped-down civilian version
of the US-2i search and rescue plane to India. The two
countries are also discussing about assembling the
aircraft in India, which can give India access to Japanese
military technology.
►Russia • India signed MoUs with Russia for Combat
Management Systems and radars for the
Indian Navy.
• The MoUs include an agreement between
Indian company Pipavav defense and
Offshore Technologies Ltd. and Russian
state-run defense company Concern-
Morinformsystem-Agat.
• India and Russia are looking forward to launching a
mutually beneficial cooperation pattern in producing for
the Indian market as well as for export. A working group
is likely to be established as soon as all the formalities
are settled within a month of signing the MoUs.
• The Russian defense company is also in talks with
Hindustan Shipyard, Goa Shipyard and BEL to jointly
develop products for the Indian Navy.
►South
Korea
• South Korea and India held their first
strategic dialog to discuss ways to boost
military ties and cooperation in the defense
industry.
• South Korean Deputy Defense Minister met with his
Indian counterpart to share opinions on regional
security issues and to explore ways to expand defense
cooperation. The two countries agreed to regularly hold
high-level security consultations.
• Military officials and businessmen held meetings to
explore ways to conduct joint R&D and production
opportunities.

24. 24 | Eye on Defence
Sources:
1. “6th India-China Defence and Security Dialogue held,” PIB-GoI website, http://pib.nic.in/newsite/AdvSearch.aspx, accessed 7 March 2014
2. “Indian Navy signs MoUs with Russia on new Combat Management Systems and radars,” The Economic Times, 20 February 2014, via Factiva, ©The
Times of India Group
3. “Israel, India said close to sealing Antimissile Cooperation Deal,” National Journal Online, 6 February 2014, via Factiva
4. Sanjeev Miglani, “India close to buying Japan-made military aircraft in $1.65 bln deal,” Reuters News, 28 January 2014, via Factiva
5. “South Korea, India hold first strategic military talks,” BBC Monitoring Asia Pacific, 23 December 2013, via Factiva

25. 25Eye on Defence |
Industry buzz
IAF will soon get India’s indigenous LCA
India’s indigenous Light Combat Aircraft (LCA), Tejas,
received operation clearance in December 2013 and is just
a step away from being inducted into the Indian Air Force
(IAF). It also signals the country’s capability to develop a
major air-based weapon platform indigenously. Moreover,
it signifies a step toward achieving self-reliance in aircraft
design, fabrication and manufacture. The LCA will replace
the ageing MiG-21 aircraft and boost the country’s air
defense preparedness. The immediate plan is to induct six
squadrons of the IAF with the Tejas, which means induction
of around 120 aircraft. The first squadron will be inducted
by 2015 and the second by 2017. In addition, the Indian
Navy will have at least 40 units of the naval version of Tejas
fighter. In the next 10 years, at least 200 LCA numbers are
expected to bolster the country’s air strike power.
(Source: M. Somasekhar, “Tejas: a game changer for Indian Air Force,”
Business Line (The Hindu), 28 December 2013, via Factiva)
IAF plans to test BrahMos missile from
Sukhoi fighters
India will begin testing its 290-km supersonic BrahMos
cruise missile, from the heavy-duty Sukhoi-30MKI fighter,
by the end of 2014. BrahMos is fast becoming the missile
of choice for the armed forces due to its precision-strike
capabilities. The Indian Army has already inducted three
BrahMos regiments while the Navy has installed the missiles
on six warships. The missile has been cleared for flight after
simulation tests and Hindustan Aeronautics Limited (HAL)
is currently working at its Nasik facility to strengthen the
Sukhoi fuselage to ensure the fighter can carry the heavy
missile.
(Source: Rajat Pandit, “After Army and Navy, IAF gears up for supersonic
BrahMos missile punch on Sukhois,” The Economic Times, 11 February
2014, via Factiva, © The Times of India Group)
IAF expected to get AWACS from DRDO
The Defence Research and Development Organization
(DRDO) is creating AWACS (Airborne Warning and Control
System) for the IAF to enable it to look up to 400 km into
Pakistan and China while remaining in the safety of its
own airspace. The AWACS should be available by 2020.
Currently, the DRDO is able to progress in the AWACS
project after achieving some initial capabilities. IAF currently
has three AWACS and has projected a requirement of 10
units in the next decade. The current AWACS comprises
the Israeli Phalcon radar mounted aboard a Russian IL-76
aircraft.
(Source: “India's DRDO creates AWACS for the Indian Air Force,” Mena
Report, 22 January 2014, via Factiva, © Al Bawaba)
Indian armed forces to get indigenous
UCAV, Rustom-2
The DRDO is developing Rustom-2, a medium–altitude,
long–endurance, unmanned combat air vehicle (UCAV)
for the Indian Armed Forces. Expected to be inducted into
the forces by 2017, Rustom-2 will have the capabilities to
perform various roles such as intelligence gathering, border
surveillance, target information and communication. With
enhanced aerodynamic configuration, digital flight control
and navigation system, and automatic takeoff and landing
capabilities, the Rustom2 can replace Israeli-manufactured
“Heron” and “Searcher” vehicles. The first flight is
scheduled in the third quarter of 2014.
(Source: Chethan Kumar, “Rustom-2 unmanned combat vehicle taxiing
by month-end,” The Times of India, 13 January 2014, via Factiva, ©
Bennett, Coleman & Co., Ltd.)
Indian Army successfully tests Akash
The Indian Army successfully flight-tested Akash, a surface-
to-air missile developed by the DRDO, from the Integrated
Test Range at Chandipur, Odisha. The Akash weapon system
is an all-weather, air defense system for defending valuable
assets from aerial attacks. It can target fighter-aircraft,
helicopters and cruise missiles flying at a distance of 25 km.
The advantages of Akash are:
• It thrusts all the way to intercept the enemy aircraft
• It can engage multiple targets
• It can be transported by rail, road and air
• It boasts of command, control, communication and
computers, and intelligence (C4I)
(Source: T.S. Subramaniam, “Akash bang on target in flight test,” The
Hindu, 22 February 2014, via Factiva, © Kasturi & Sons Ltd.)
Night trial of Agni fails
India once again failed in the night trial of 700-plus km
range Agni-I missile due to technical glitches. Strategic
Forces Command (SFC) of the Indian Army was to test fire
the missile. The countdown was stopped at 18 seconds as
the missile system encountered severe technical problems.
The failure was attributed to snags in the inertial navigation
system (INS). This was the first time the missile was being
tested at night. The proposed night trial has now been

26. 26 | Eye on Defence
postponed indefinitely. Earlier, in 2009, an attempt to fire a
2,000-km range Agni- II had ended in a failure.
(Source: “Night trial of Agni fails once again,” New Indian Express, 20
February 2014, via Factiva)
India plans to manufacture indigenous
submarines soon
India is preparing to launch an indigenous submarine design
and development plan with its underwater arm severely
depleted due to recent submarine accidents. As the first
step, the DRDO will set up an agency in Hyderabad to
test and certify the steel that will be used in making the
indigenous submarine. The underwater vessel will then
be made using the same DMR-249A and 249B steel that
was used to make aircraft carrier Vikrant and P-28 missile
corvettes. A parallel effort is on to develop suitable welding
technologies and consumables for submarines at the Naval
Material Research Laboratory, Ambernath.
(Source: “India to manufacture indigenous submarines soon,” Deccan
Herald, 10 February 2014, via Factiva, © The Printers (Mysore) Private
Ltd.)
Fully armed Arihant plans to hit the sea in
a month
India's nuclear-powered submarine, Arihant, will be out at
sea within a month to complete its sea trials. The harbor
trials for the submarine are almost complete. Arihant has
the capability to include ballistic missile on-board, which
will be fired during the trials. The Navy hopes to induct the
Arihant by the end of 2014, if the trial is successful. When
inducted, it will complete India's nuclear triad giving the
country strike capability from land, air and sea in case of a
nuclear attack.
Source: (“Fully armed Arihant to hit the sea in a month,” Deccan Herald,
22 January 2014, via Factiva, © The Printers (Mysore) Private Ltd.)
Liberal face of DPP lures slew of Indian
companies
Defence procurement procedure (DPP) 2013, which
stresses on “Buy” (Indian) and “Buy and Make” (Indian)
categories of acquisition, has encouraged a slew of Indian
companies from various backgrounds to enter defense
production. The Government of India (GoI) is committed
to opening up the defense sector to private sector
participation. Opening up of the defense sector, together
with defense offsets, offers a significant opportunity to
companies with strong R&D and industrial manufacturing
excellence. The favorable policy encouraged a number of
Indian companies such as JK Group, Kalyani Group, L&T and
Tata Group. These companies have lined up their business
strategies around areas of defense production, including
design and development.
(Source: “Liberal face of defence procurement policy lures slew of Indian
companies,” Financial Express, 7 February 2014, via Factiva, © Indian
Express Online Media Pvt. Ltd.)
GoI set to tap FIIs for more foreign
investment in defense
The GoI plans to increase foreign direct investment (FDI)
limit in the defense sector to 49%. However, there will be a
provision that this would include an internal cap of 23% for
foreign institutional investors (FIIs). Current regulations is
conservative on foreign investment in the defense sector
due to concerns flagged by the defense ministry over its
strategic importance and need to promote indigenous
manufacturers. Under the current regulations, up to 26% FDI
is permitted in the sector after approval from the Foreign
Investment Promotion Board (FIPB). The sectoral cap will
increase to 49%, after a 23% cap on FIIs is allowed above
the current cap of 26% FDI. Increased FDI in the defense
sector is likely to improve domestic production of defense
equipment, in turn curbing imports and reining in India’s
current account deficit.
(Source: “GoI set to tap FIIs for more foreign investment in defence,”
Indian Express, 6 February 2014, via Factiva)
India joins elite club with heli-borne geo-
survey capability
India became the seventh country to own a heli-borne
geophysical survey system (HGSS), which has been
integrated on Garuda Vasudha, the advanced light
helicopter’s (ALH) latest version. The ALH has been
integrated with HGSS procured from Pico Envirotec Inc,
Canada. The chopper, costing around INR730 million, was
officially handed over to the Geological Survey of India (GSI),
a body responsible for conducting geophysical survey under
the ministry of mines.
(Source: Chethan Kumar, “India joins elite club with helicopter-borne
geo-survey capability,” The Times of India, 24 January 2014, via
Factiva)

27. 27Eye on Defence |
Defense ministry sets up panel to boost
aircraft sector
The Ministry of Defence (MoD) formed an inter-ministerial
National Aeronautics Coordination Group (NACG) to
centrally coordinate the building of India’s capability to
design and manufacture civil and military aircraft. The
Secretary (defense production) will chair the NACG. The
NACG will bring together the capabilities of Indian entities
with aerospace expertise, including the DRDO, public sector
companies such as HAL, private sector companies, non-MoD
establishments such as the National Aerospace Laboratory
(NAL), which falls under the Council of Scientific and
Industrial Research (CSIR) and academic institutions such
as Indian Institutes of Technology (IITs) to create the eco-
system essential for the growth of the aerospace industry.
(Source: Ajai Shukla, “Defence min sets up panel to boost aircraft
sector,” Business Standard, 18 January 2014, via Factiva)
India comes a step closer to manned space
flight
India unveiled an indigenously manufactured astronaut
capsule with a hope to become the fourth country to send
humans into space. Currently only the US, Russia and
China have accomplished the feat of putting humans into
earth orbit. The Indian Space Research Organization (ISRO)
has displayed a prototype of its first crew capsule module
designed to carry two people into low earth orbit. It plans to
send the test prototype into orbit with the first experimental
flight of the country's latest rocket, the Geosynchronous
Satellite Launch Vehicle (GSLV) Mark III.
The test is expected to launch by June 2014.
(Source: “India unveils its own astronaut crew capsule, plans test
launch,” Global Data Point, 27 February 2014, via Factiva)
India becomes sixth country to develop
cryogenic engine
ISRO successfully launched its geosynchronous
satellite, GSAT-14, with indigenous cryogenic engine,
Geosynchronous Satellite Launch Vehicle-Development
5 (GSLV D5). The 49.13-metre-tall rocket, carrying a
communication satellite, took off from the second launch
pad at the Satish Dhawan Space Centre (SDSC), about
90 km north of Chennai. The launch has put India in a
club of select countries with the technology to put heavy
satellites into orbit. Only five other countries have cryogenic
technology — the US, Russia, Europe, China, and Japan. It
also paves the way for sizeable savings for the country in
launch costs. India paid around INR5 billion as launch fee for
sending a 3.5-tonne communication satellite whereas the
GSLV rocket costs only around INR2.2 billion. In addition, it
opens up a window to earn foreign exchange from launching
heavier foreign satellites.
(Source: “GSLV D5 with indigenous cryogenic tech launched,” Deccan
Herald, 6 January 2014, via Factiva, ©The Printers (Mysore) Private
Ltd.)
Successful Mars mission helps ISRO end
2013 on high note
With ISRO’s inter-planetary Mars Orbiter Mission (MOM),
India became the first Asian country and the fourth country
in the world to moved into the inter-planetary space. The
scientific mission will explore the Mars surface features,
morphology, mineralogy and Martian atmosphere by
indigenous scientific instruments. The successful launch of
MOM, along with the sending up of India's first navigation
satellite midnight and the launch of the Indo-French satellite
SARAL, has put India among the select group of space-
faring nations in 2013.
(Source: “Successful Mars mission helps ISRO end year on high note
(2013 in Retrospect),” Indo-Asian News Service, 24 December 2013, via
Factiva)
India plans a 10% stake sale in state-run
HAL
The GoI plans to sell a 10% stake in state-run aircraft maker
HAL through a maiden share sale in the current financial
year. The share sale in HAL will be the last in a series of
state-run companies, planned for this financial year in an
effort to keep the country’s fiscal deficit in check.
(Source: Saurabh Chaturvedi, “India plans 10% stake sale in state-run
HAL,” Dow Jones Institutional News, 6 February 2014, via Factiva)

28. 28 | Eye on Defence
For more information, visit www.ey.com/in
Connect with us
Assurance, Tax, Transactions, Advisory
A comprehensive range of high-quality services to
help you navigate your next phase of growth
Read more on ey.com/IN/en/Services
Our services
Centers of excellence for key sectors
Our sector practices ensure our work with you is
tuned in to the realities of your industry
Read about our sector knowledge at ey.com/IN/en/Industries
Sector focus
Easy access to our
knowledge publications.
Any time.
http://webcast.ey.com/thoughtcenter/
Webcasts and podcasts
www.ey.com/subscription-form
Follow us @EY_India Join the business network from EY
Stay connected

29. 29Eye on Defence |
Why choose Team EY?
Unique Team Experience Offset Structuring Industrial Connects End to End Solutions
• Team member
was a part of the
team that wrote
the Indian Defense
Offset policy in
2006.
• Team member
founded the DOFA.
• Team member has
written a complete
book on Offsets with
the CII.
• Offset Structuring
worth US$ 3.7
Bn executed
successfully.
• Total experience of
66 man years in the
Armed Forces.
• MoD experience of
14 man years.
• Team has members
from the Auto
practice-India’s
only proven
manufacturing
competence
•
in Bangalore;
Pune Hyderabad
& Chennai where
these manufacturing
and IT capabilities
reside
• Industrial License
Application
• FIPB approval
• Due-diligence
services
• Transaction
Advisory for M&A
• Tax Mitigation in
offset contracts
• Creation of a
compliant Offset
Schedule
• Quarterly Offset
progress report
Unparalleled Support & Advantage for OEM’s & Indian Companies

30. 30 | Eye on Defence
Services offering – Tax & Regulatory
Contract
negotiation stage
Post contract
signing support
Other
Compliance
and Advisory
Pre bid stage1 2 3 4
► Review the clauses of RFP in
order to highlight the
clauses/terms from a tax &
regulatory perspective.
► Suggest alternative
approaches where necessary
► Advising on tax issues
Association of Persons
('AOP') exposure under the
consortium model and
suggesting adequate
safeguards.
► Identification of a suitable
business model.
► Formulate appropriate tax
positions
► Back End advise on tax and
regulatory clauses in the
bid negotiation with the
objective of optimizing the
tax & regulatory
implications.
► Responding to queries
pertaining to any tax or
regulatory issues which
may arise during the
discussion stage
► Assistance in set up
of the agreed upon
business model.
► Advise on
subcontracting/
local purchase
arrangements from
tax and commercial
perspective
► Formulate
appropriate tax
positions
► Plan for advance
ruling for upfront
certainty/ clarity
ServicesOffering
Support
atevery
stage Contracting Process
► Corporate tax and
indirect tax
compliance
► Accounting services
► Background check
(Fraud investigation)
on viability of the
chosen Indian Offset
Partners (IOP’s)
► Foreign Investment
Promotion Board
(FIPB) & Industrial
License (IL)
application and
clarifications for IOPs
Importance
► Develop certainty with
respect to impact and
incidence of direct and
indirect taxes in India
► Establishment of a tax
efficient and regulatory
compliant structure in
India
► Compliance with ever
evolving tax and
regulatory regime in India
► Upfront identification of tax
and regulatory implications
under the RFP
Services offering - Defence Offset
Bid Stage Contract
negotiation stage
Post contract
signing support
Pre bid stage
1 2 3 4
Offset process
► Help evolve an
understanding of the offset
process and stakeholders
Indian offset
partners(IOPs)
► Identification of IOPs (M&A
/ JV / Licensed
Manufacture / Sourcing)
► Clarification from
DIPP/FIPB/MoD regarding
their regulatory status
Support services
► Industrial Licensing for
IOPs
► IOPs financing
► Joint venture structuring
Offset Proposal
► Identification of methods
of offset discharge
► Structuring/vetting of
Technical and commercial
offset proposals
► Support in answering the
queries of the MoD
Indian offset
partners(IOPs)
► Structuring contractual
arrangements with IOPs
► Valuation of offset
attributable
► Financial & Background
due diligence of IOPs
► Continuous support
through on call
advisory
► Support in
preparation of
appropriate
responses to MoD
queries
► Identification of
stand by IOPs in
case of removal of
existing ones
► Any other support
as maybe required.
Servicesoffering
Supportatevery
stage
Contracting process
► Support in compiling
documentation
required for offset
discharge
► Support in
preparation of
quarterly / half
yearly reports on
fulfillment of offset
obligations.
Importance
► To ensure a suitable
Technical and commercial
offset plan that should find
favour with the TOEC and the
CNC.
► Support in getting the
technical offset
proposal approved in
time so that it does not
obstruct main contract
signing
► Continued support for
offset execution to avoid
penalties and loss of faith
with the MoD
► Evolve understanding of
offset process amongst the
core team for optimal
planning
► Identification of eligible and
viable IOPs who can sustain
through the duration of the
offset program
► Planning for submission
► Identifying the right
partners and
methodologies
► Getting the
documents right for
submission
► Building the right
offset program
► Getting the
optimum
economic value
for offsets
► Documentation
of offset
execution

31. For more information , please contact:
K. Ganesh Raj
Partner and Leader
Aerospace and Defence Practice
Ernst & Young Pvt. Ltd.
Tel: + 91 120 671 7110
Email: ganesh.raj@in.ey.com
Udit Narula
Senior Consultant
Aerospace & Defence, IIC
Ernst & Young Pvt. Ltd.
Mob: + 91 9654452626
Email: udit.narula@in.ey.com
Our offices in India
Kolkata
22 Camac Street
3rd floor, Block ‘C’
Kolkata - 700 016
Tel: + 91 33 6615 3400
Fax: + 91 33 2281 7750
Mumbai
14th Floor, The Ruby
29 Senapati Bapat Marg
Dadar (W), Mumbai - 400028
Tel: + 91 022 6192 0000
Fax: + 91 022 6192 1000
5th Floor, Block B-2
Nirlon Knowledge Park
Off. Western Express Highway
Goregaon (E)
Mumbai - 400 063
Tel: + 91 22 6192 0000
Fax: + 91 22 6192 3000
NCR
Golf View Corporate Tower B
Near DLF Golf Course
Sector 42
Gurgaon - 122002
Tel: + 91 124 464 4000
Fax: + 91 124 464 4050
6th floor, HT House
18-20 Kasturba Gandhi Marg
New Delhi - 110 001
Tel: + 91 11 4363 3000
Fax: + 91 11 4363 3200
4th & 5th Floor, Plot No 2B, Tower
2, Sector 126,
NOIDA 201 304
Gautam Budh Nagar, U.P. India
Tel: + 91 120 671 7000
Fax: + 91 120 671 7171
Pune
C-401, 4th floor
Panchshil Tech Park
Yerwada
(Near Don Bosco School)
Pune - 411 006
Tel: + 91 20 6603 6000
Fax: + 91 20 6601 5900
Ahmedabad
2nd floor, Shivalik Ishaan
Near C.N. Vidhyalaya
Ambawadi
Ahmedabad - 380 015
Tel: + 91 79 6608 3800
Fax: + 91 79 6608 3900
Bengaluru
12th & 13th floor
“UB City”, Canberra Block
No.24 Vittal Mallya Road
Bengaluru - 560 001
Tel: + 91 80 4027 5000
+ 91 80 6727 5000
Fax: + 91 80 2210 6000 (12th floor)
Fax: + 91 80 2224 0695 (13th floor)
1st Floor, Prestige Emerald
No. 4, Madras Bank Road
Lavelle Road Junction
Bengaluru - 560 001
Tel: + 91 80 6727 5000
Fax: + 91 80 2222 4112
Chandigarh
1st Floor, SCO: 166-167
Sector 9-C, Madhya Marg
Chandigarh - 160 009
Tel: + 91 172 671 7800
Fax: + 91 172 671 7888
Chennai
Tidel Park, 6th & 7th Floor
A Block (Module 601,701-702)
No.4, Rajiv Gandhi Salai, Taramani
Chennai - 600113
Tel: + 91 44 6654 8100
Fax: + 91 44 2254 0120
Hyderabad
Oval Office, 18, iLabs Centre
Hitech City, Madhapur
Hyderabad - 500081
Tel: + 91 40 6736 2000
Fax: + 91 40 6736 2200
Kochi
9th Floor, ABAD Nucleus
NH-49, Maradu PO
Kochi - 682304
Tel: + 91 484 304 4000
Fax: + 91 484 270 5393
Ernst & Young LLP
EY | Assurance | Tax | Transactions | Advisory
About EY
EY is a global leader in assurance, tax, transaction and
advisory services. The insights and quality services we
deliver help build trust and confidence in the capital
markets and in economies the world over. We develop
outstanding leaders who team to deliver on our
promises to all of our stakeholders. In so doing, we play
a critical role in building a better working world for our
people, for our clients and for our communities.
EY refers to the global organization, and may refer to
one or more, of the member firms of Ernst & Young
Global Limited, each of which is a separate legal entity.
Ernst & Young Global Limited, a UK company limited
by guarantee, does not provide services to clients. For
more information about our organization, please visit
ey.com.
Ernst & Young LLP is one of the Indian client serving member firms of
EYGM Limited. For more information about our organization, please visit
www.ey.com/in.
Ernst & Young LLP is a Limited Liability Partnership, registered under
the Limited Liability Partnership Act, 2008 in India, having its registered
office at 22 Camac Street, 3rd Floor, Block C, Kolkata - 700016
© 2014 Ernst & Young LLP. Published in India.
All Rights Reserved.
EYIN1403-032
ED None
This publication contains information in summary form and is therefore
intended for general guidance only. It is not intended to be a substitute
for detailed research or the exercise of professional judgment. Neither
Ernst & Young LLP nor any other member of the global Ernst & Young
organization can accept any responsibility for loss occasioned to any
person acting or refraining from action as a result of any material in this
publication. On any specific matter, reference should be made to the
appropriate advisor.
MS
EY refers to the global organization, and/or one or more of the
independent member firms of Ernst & Young Global Limited
EY refers to the global organization, and/or one or more of the
independent member firms of Ernst & Young Global Limited