India Defense Procurement

India has significantly increased its budget for its defense and homeland security sectors, and is expected to spend $30 billion over the next five years and more than $100 billion over the next decade. It is specifically looking toward US defense contractors to help upgrade its weapons systems and troop gear. As the competition to win these contracts intensifies, US defense contractors must know how to comply with India Ministry of Defense's Defense Procurement Procedure (DPP) to compete effectively.

The DPP sets out rigorous requirements governing acquisition planning, RFP preparation, anti-corruption and third party relationships. In addition, since 2005, the DPP has required foreign suppliers to provide offsets for major defense contracts, such as local purchasing, indigenous content, co-production and technology transfers.

Recent changes to the DPP have heightened India's emphasis on technology transfers as part of their overall offset initiative. However, US export controls restrictions can limit a US defense contractor's ability to meet these offset requirements. Coupled with strict FCPA requirements impacting US contractors' dealings with local government officials, the consequences of non-compliance with US law could be staggering-including the threat of multi-million dollar penalties and possible imprisonment for export controls and FCPA violations.

With lucrative contracts at stake, you cannot afford to miss American Conference Institute's Industry Forum on "India Defense Procurement." This is the only event that will take you through the ins and outs of the procurement process, local customs and regulations, as well as U.S. IP, data rights, export controls and FCPA restrictions impacting your organization's DPP compliance and offset strategies.

Expert government, industry and private practice experts from India and the US will provide you with first-hand compliance insights and best practices for participating in the procurement process.

Topics will include: Accessing India defense market opportunities amid the competitive environment What you need to know about the procurement process and categories under India's Defense Procurement Procedure Negotiating, structuring and maximizing offset credits: What India's Ministry of Defense expects and requires How far you can go in using third parties during the procurement process Reconciling US technology transfer restrictions and offset requirements Responding to requests for bribes or "speed money" at the bidding stage: Reducing the risk of FCPA violations Determining the scope of IP rights to grant, and how to protect U.S. data rights and trade secrets Don't miss unique, practical post-conference workshops, "Structuring and Operating a Successful Joint Venture in India: Practical Legal and Business Strategies" and "Overcoming Anti-Corruption and FCPA Compliance Challenges in India Defense Contracting."

Hotel Information
American Conference Institute is pleased to offer our delegates a limited number of hotel rooms at a preferential rate. Please contact the hotel directly and mention the "India Defense Procurement" conference to receive this rate:

Venue: The Madison, A Loews Hotel
Address: 1177 Fifteenth St. NW, Washington, Washington, DC, 20005
Date: June 9, 2010
Fee: $1,395.00 with discount code NAGC-1395 (regularly $1,595.00)

**Remember to enter your discount code (NAGC-1395) for the discount registration fee**