DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/0e50b0/indian_defence_ind) has announced the addition of the "Indian Defence Industry Report" report to their offering.
It is estimated that defence procurement up to 2012 will be over USD45 billion, which makes it one of the most attractive defence markets in the world in terms of business potential.
Currently about 70% of the procurement in value terms, is from foreign sources. The current defence market for private sector firms in India, which includes outsourcing from Defence Public Sector Units and Ordnance Factories is estimated to be USD700 million. This spend will further increase since the Indian Defence Industry is determined to increase the participation of private players. Presently more than 5,000 Indian companies are supplying around 25% of components and subassemblies to state-owned companies.
Scope of the Report
- This report discusses about Indian defence structure and various organizations along with their role and Defence Procurement Policy 2006 in detail.
- The report presents Offset policy and its implications, need for technology in armed forces and emerging opportunities for Indian industries to supply various equipments and technology.
- The report presents the details about major defence public sectors and some private companies, critical success factors and growth drivers
- Future outlook has been discussed from the perspective of policies and defence budget.
BENEFICIAL FOR
- Foreign armament and equipment suppliers For Defence
- Defence analysts across the world
- large Indian heavy engineering companies
- SMEs in light engineering
- Banks and financial institutions
- Investors, consultants
- Corporate
Companies Mentioned:
- Bharat Dynamics Limited (BDL)
- Bharat Earth Movers Limited (BEML)
- Bharat Electronics Limited (BEL)
- Garden Reach Shipbuilders & Engineers Ltd (GRSE)
- Goa Shipyard Limited (GSL)
- Hindustan Aeronautics Limited (HAL)
- Mazagon Dock Limited (MDL)
- Mishra Dhatu Nigam Limited (MIDHANI)
- Larsen and Toubro (L&T) Heavy Engineering Division
- Electronics Corporation of India Limited (ECIL)
- Mahindra Group Defence Systems
- Tata Motors
For more information visit http://www.researchandmarkets.com/research/0e50b0/indian_defence_ind