Missile tech may open up Rs 1,00,000 crore market for India

The missile technology has a scope of creating a Rs 1,00,000-crore market for the Indian private sector, said scientists and top defence officials involved in the Agni V project.

If the missile technology, wherein India has proved its mettle, was backed by an advanced aircraft manufacturing ability, they claimed it could be provide a Rs 2,00,000 crore market to the private sector.

The people, who spoke include DRDO director general scientific advisor to the defence minister V.K. Saraswat, chief controller for R&D (missiles and strategic systems) and Agni progra-mme director Avinash Cha-nder and six other scientists, who were honoured by FICCI on Monday.

Speaking about the Agni project, Mr Chander said that it just took three years for them to take Agni V from the draft board to the launch pad, with an active contribution from more than 150 companies, including 40-50 from Hyderabad.

He said the participation of the private sector in the defence projects could help India to realise its Vision 2030 for achieving self-reliance.

Mr Chander said that no date has been finalised for test firing long range cruise missile Nirbhay.
Hyderabad-based companies, Dr Saraswat claimed, have now graduated from designing and manufacturing sub-systems to systems for missile technology.

Sangita Reddy, the chairperson of Ficci Andhra Pradesh, commended the entrepreneurship spirit in the state and the latest being in the defence related productions.

Amongst others to be honoured were V.G. Sekaran, director, Advanced Systems Laboratory, S.K. Chaudhuri, director of Research Centre IMARAT, A.K. Chakrabarti, director of Defence Research and Development Laboratory, S.P. Dash, director of Interim Test Range, G. Sateesh Reddy, associate director of RCI and R.K. Gupta, project director of Agni-V.

Post new comment

<form action="/comment/reply/149925" accept-charset="UTF-8" method="post" id="comment-form"> <div><div class="form-item" id="edit-name-wrapper"> <label for="edit-name">Your name: <span class="form-required" title="This field is required.">*</span></label> <input type="text" maxlength="60" name="name" id="edit-name" size="30" value="Reader" class="form-text required" /> </div> <div class="form-item" id="edit-mail-wrapper"> <label for="edit-mail">E-Mail Address: <span class="form-required" title="This field is required.">*</span></label> <input type="text" maxlength="64" name="mail" id="edit-mail" size="30" value="" class="form-text required" /> <div class="description">The content of this field is kept private and will not be shown publicly.</div> </div> <div class="form-item" id="edit-comment-wrapper"> <label for="edit-comment">Comment: <span class="form-required" title="This field is required.">*</span></label> <textarea cols="60" rows="15" name="comment" id="edit-comment" class="form-textarea resizable required"></textarea> </div> <fieldset class=" collapsible collapsed"><legend>Input format</legend><div class="form-item" id="edit-format-1-wrapper"> <label class="option" for="edit-format-1"><input type="radio" id="edit-format-1" name="format" value="1" class="form-radio" /> Filtered HTML</label> <div class="description"><ul class="tips"><li>Web page addresses and e-mail addresses turn into links automatically.</li><li>Allowed HTML tags: &lt;a&gt; &lt;em&gt; &lt;strong&gt; &lt;cite&gt; &lt;code&gt; &lt;ul&gt; &lt;ol&gt; &lt;li&gt; &lt;dl&gt; &lt;dt&gt; &lt;dd&gt;</li><li>Lines and paragraphs break automatically.</li></ul></div> </div> <div class="form-item" id="edit-format-2-wrapper"> <label class="option" for="edit-format-2"><input type="radio" id="edit-format-2" name="format" value="2" checked="checked" class="form-radio" /> Full HTML</label> <div class="description"><ul class="tips"><li>Web page addresses and e-mail addresses turn into links automatically.</li><li>Lines and paragraphs break automatically.</li></ul></div> </div> </fieldset> <input type="hidden" name="form_build_id" id="form-33635db68402cdc3e207f233efd71b07" value="form-33635db68402cdc3e207f233efd71b07" /> <input type="hidden" name="form_id" id="edit-comment-form" value="comment_form" /> <fieldset class="captcha"><legend>CAPTCHA</legend><div class="description">This question is for testing whether you are a human visitor and to prevent automated spam submissions.</div><input type="hidden" name="captcha_sid" id="edit-captcha-sid" value="84724213" /> <input type="hidden" name="captcha_response" id="edit-captcha-response" value="NLPCaptcha" /> <div class="form-item"> <div id="nlpcaptcha_ajax_api_container"><script type="text/javascript"> var NLPOptions = {key:'c4823cf77a2526b0fba265e2af75c1b5'};</script><script type="text/javascript" src="http://call.nlpcaptcha.in/js/captcha.js" ></script></div> </div> </fieldset> <span class="btn-left"><span class="btn-right"><input type="submit" name="op" id="edit-submit" value="Save" class="form-submit" /></span></span> </div></form>

No Articles Found

No Articles Found

No Articles Found

I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.