Defence electronics opportunities in India: fruit not hanging that high

When you design and sell an electronics product, success at the first instance of its launch is less probable. For a company with strong innovation urge, failure at first attempt is not so big deal. To become successful in self branded electronics product design, significant amount of perseverance and patience required. It's going to be hard until the company sees good amount of revenue. But once the product becomes popular in the market, there are less chances for the company to fail provided it continue to innovate. Compared to offering design services, designing and selling a product is basically aiming for high hanging fruits. So if this is about general market itself, but when it comes to aerospace and defence market, the fruit is at even more higher level. Not only because of technology challenges but also due to huge regulations by the authority. In India, there are significant amount of rules and regulations in the defence electronics market. There are not many companies in India who are into defence electronics. Because of this, India is importing lot of the electronics hardware for defence applications. To increase the indigenous content of electronics in defence equipment, Government of India is pushing for more private company participation in defence equipment production. Recently at the event titled the 'Deftronics' organised by India electronics a...