21 June 2018, Hotel Four Points Sheraton, Visakhapatnam, Andhra Pradesh
The Ministry of Defence has taken some important policy initiatives in the recent years, to position India as an emerging manufacturing hub. Several changes have been made to procure new platforms and to sustain the existing equipment to ensure operational capability of the Indian Armed Forces. These initiatives have paved the way for creation of a robust defence manufacturing ecosystem in the country and promote the entire spectrum of large, medium & small industries.
With due focus on higher level of indigenisation, opportunities in the defence sector are immense. The opportunities could come through meeting the requirements of Capital and Revenue procurements. A major source of opportunity, especially for the MSMEs in defence and aerospace, also comes in the form of being integrated into the supply chain of the business outsourced by large Indian OEMs from public and private sector, Ordnance Factories and Foreign OEMs.
Andhra Pradesh has established itself as one of the most prominent connection points with major world markets. The State is home to number of Defence manufacturing facilities which offer significant advantages to industrial units in Aerospace, Defence & Naval sector. The infrastructure of the state provides ample opportunity to industries to trade with various countries across the globe.
Against this backdrop, Confederation of Indian Industry and Society of Indian Defence Manufacturers in partnership with Andhra Pradesh Economic Development Board organised a seminar on opportunities in Defence and Aerospace on 21 June 2018 at Vizag, Andhra Pradesh.
The seminar created a platform to bring together key stakeholders-Government officials, senior representatives of the three Services, DRDO, Defence PSUs, and private Industry, deliberated on opportunities in Marine, Land and Air systems (both capital & revenue) of the Indian Armed Forces and galvanise business engagements.
Mr RVS Rudraraju, Chairman, CII Andhra Pradesh and Director, RHI Clasil Pvt Ltd Welcomed participants & dignitaries at the Seminar. He said that Government of Andhra Pradesh has identified Aerospace and Defence Manufacturing as thrust sector for industrial development. The Sector has tremendous potential to generate upstream and downstream investment opportunities and foster innovation & growth. Furthermore, it aims to attract atleast 4 anchor units and at least 10% of all offset obligations discharged by companies in India.
Lt Gen SubrataSaha, PVSM, UYSM, YSM, VSM (Retd), Director General Society of Indian Defence Manufacturers (SIDM) in his Theme Address said that SIDM works closely with the Government towards enabling the growth of the defence industry and collaborates with experts from the armed forces, academia and defence industry to optimize the industry’s development capabilities. With a vision to ‘Catalyse the Indian defence industry to effectively contribute to India’s national security and become a trustworthy global partner’, SIDM provides an array of services to its members including Policy & Progress Advocacy, Policy & Market Research, Access to Emerging Technologies & New Opportunities, Promotes Indigenisation& Innovation, Export Promotion and Education & Skill Development. SIDM is keenly working on emerging technologies and innovations; works with countries looking for single body to facilitate B2B connect and facilitates collaboration between MSMEs to help them function as clusters.
Vice Admiral Karambir Singh, PVSM, AVSM, Flag Officer Commanding in Chief, Eastern Naval Command, Indian Navy in his address mentioned that about 65% of value addition to a ship being constructed comes from Manufacturers – supplying shipboard material, equipment. He also said that MSME’s will have a major role in the growth of the ship building industry and the future navy.
He also said that the navy is not only the platforms but technologies that operate in six dimensions such as air, sea, underwater, land, cyber and space. This opens up a host of the opportunities for the Industry. While concluding his address, he said that Indian Navy’s roadmap for the future will continue to remain anchored firmly on self-reliance and indigenisation.
MrSrinivasaRaju, Chairman for CII-AP State Panel for Defense & Aerospace and Managing Director, Geomarine Dynamics (I) Pvt Ltd said that there are several opportunities that are available and are opened up in Defencesector recently. Followed by this Seminar a series of workshops are being organised to sensitise industry fraternity and specially entrepreneurs, how to get into the Defence market.
Other eminent speakers spoke during the seminar are :
Dr Samir V Kamat, Distinguished Scientist & Director General (NS & M), Defence Research & Development Organisation;
The following representatives from Industry interacted with Defence& Aerospace officials: