S. K. Sharma

Publication

Special Address at Defence Offset Seminar

The timing of the seminar is very apt and we are at a stage when we have made some headway and we can actually deliberate on certain issues relating to the subject. The entire exercise of introducing offsets and formulating and promulgating a policy in this regard is aimed at encouraging sound relationship between the defence industries of the advanced countries and those of our own. Fortunately, we have a reasonable depth in our industry and there is a plenty of promise.