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Defence offers opportunities to Indian electronics

Posted: 01 Mar 2010     Print Version  Bookmark and Share

Keywords:defence officials  Indian electronics  indigenisation 

For the first time ever in an electronics exhibition in India top defence officials came together to share the opportunities with private companies to serve the needs of indigenisation and transfer of technology. The event was the Electronics Next India 2010 exhibition for EMS, electronic components, production and materials which was inaugurated by director general, EME, Lt. General AKS Chandele PVSM, AVSM. Speaking on the occasion he said "This year's edition puts a spotlight on defence and strategic electronics and [the defence industry] has launched a series of initiatives to encourage and invite private firms to work in the field of defence electronics.

Recently the government of India has pumped up defence spending by 10% to $26.4 billion, (Rs.1,21,907 crore) the steepest hike since partition of the subcontinent, to fund a highly aggressive mammoth modernisation programme. India plans to spend an additional $30 billion (Rs.138,531.00 crore) until 2012 to modernise the military with immediate effect. This along with a change in FDI norms is likely to bring enormous growth opportunities for indigenous strategic electronics manufacturers.

With a view to achieving techno-economic development in Indian defence sector, the nation has adopted a two-pronged approach, one relates to creating a climate for the indigenous development of technology in the country, and the other deals with the transfer and adaptation of technology from advanced countries.

Electronics Next India 2010 is a business platform which serves both the needs of development of a technology base in the country, as well as foreign collaborations, involving technology transfer that are imperative for achieving technical competence in the defence sector. The recent introduction of "Buy & Make (Indian)" category in defence procurement procedures aims at encouraging the Indian private industry to form joint ventures with any foreign manufacturer.

"The opportunities in the Defence industry discussed at Electronics Next India 2010 include major modernisation or upgradation of existing electronics equipment, indigenisation of major assembly and spare parts, innovation & product improvement, transfer of technology especially from countries like USA, Israel etc. and Research and Development and Technical support to the field army. The application segments covers indigenisation efforts in the field of radar, communication equipment, missiles, strategic weapons, special test measurement, night vision devices, tank electronics, locating devices", added Major General Mehta, Additional Director General, EME.

"Defence is one of the largest consumers of technology and with modernisation, the inclusion of electronics in every aspect of defence equipment is imperative. At Electronics Next India we are confident to cater to the growing interest of the private industry to tap the potential in defence electronics and serve the needs of the Indian defence industry", added Rajeev Chawla, senior VP sales and marketing, Images Exhibitions, organisers of Electronics Next India 2010.





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