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Defence companies in India to form industry alliance
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SME Times News Bureau | 07 Oct, 2015
Some of the best-known defence
companies operating in India, both foreign and domestic, have agreed to
form an industry forum specifically aimed at promoting the interests in
the country's strategic manufacturing space, as part of the larger "Make
in India" programme.
As per a statement issued by what will be
called the Association of Defence Companies in India, some leading
companies are part of the alliance, including Boeing, Bell Helicopter,
Punj Llyod, Augusta Westland, Lockheed Martin, Reliance Defence and
Tatas.
Some of the others include, Rolls Royce, Saab, Northrop
Gruman, Rolta, BAE Systems, Dassault, Honeywell, Thales, Finmeccanica,
Hindustan Aerosystems and Merlinkhawk Aerospace.
During a meeting
for this earlier this month, the representatives felt a forum such as
this would serve as the most representative platform, with a unified
voice, on policy matters pertaining to the government, armed Forces and
state-run enterprises that affect their operations.
This apart,
the forum could also promote collaborations, support improved
understanding among the members, pursue India's strategic needs and deal
appropriately with the interests of all the stakeholders.
It
will also support design-led manufacturing, feed the defence eco system,
foster business ties, influence debates on policy and increase
membership value with complementary associations, which would provide
market access worldwide.
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