Indian defense forces - Army, Navy and Airforce have embarked on an indigenisation program and are looking for SME’s whom they can give grants upto Rs. 50 crores to develop products for them to buy and can also be exported.
India is t he 2nd. largest importer of defense equipment & platforms. Opportunity is for OEM, MSME Tier I, MSME Tier II, MSME Tier III.
What does Aerospace & defense include :
Platforms, ships, aircraft, submarine
Weapons - Guns, Rockets
Ammunitions
Sensors - Radars, Sonars
Electronics - Radios, Satellite communications
Technical textiles
Drones
Fire safety equipment
Misc - RF absorbing paints, manufacturing equipment
Military materials including special alloys
POLICY FRAMEWORK to encourage MSME's to harness the opportunities :
- DAP 2020
- iDEX
- TDF by DRDO
- MoD website SRIJAN
Defense industrial corridors
Setting up of Defense testing infra
Export opportunities by MSME's
Learn about this by a defense sector specialist & Dr. Jagat Shah