Aerospace

Can DEFTRONICS 2016 lead to deftreneur park?

Building start-up ecosystem was the focus at the two-day defense electronics event DEFTRONICS 2016 concluded this week in Bangalore. The event had speakers such as Dr. V. K. Saraswat, Former Chief Scientific Advisor to the Indian Minister of Defense & Director General, DRDO, R. V. Deshpande, Minister for Large & Medium Industries & Infrastructure Development Department, Govt. of Karnataka, Priyank Kharge, Minister IT, BT and Tourism, Government of Karnataka, R. Chandrashekar, President, NASSCOM, and Ms. Yael Hashavit, Consul General of Israel. Aerospace and defense electronics market for India is estimated to be $72 Billion by 2029. Defense electronics opportunity is really a big fruit hanging high up in the tree. Can start-ups afford to focus on high hanging fruits. The only ladder to reap that fruit is having a very innovative technology which is not only cutting-edge/bleeding edge but also reliable, rugged and robust. The technology can be a small software or hardware component or a subsystem. Also what is really required for growth is the ability to scale to large volumes and the ability to serve global markets. India could achieve some level of indigenisation in defense technologies not only due to the denial of technology and also due to the effort of building small and medium scale defense industry by handholding them in the process of building products for PSU ...
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