Visiongain: Indian defense market to continue rapid growth, expansion

LONDON, 27 March 2012. India's strong and dynamic growth in military spending will continue through the next decade, as the Indian government seeks to fulfill ambitious defense modernization plans. India will spend $38.51 billion on defense in 2012, according to Visiongain’s latest report, “The Indian Defence Market 2012-2022.”

"Despite the continued existence of restraints on the market such as slow tender processes and a dominant state sector, huge opportunities exist for a wide variety of defense firms. Those who are willing to work within the Indian government framework for indigenization of production will find themselves in a potentially long-term and lucrative arrangement," says the report’s author.

Visiongain analysts provide forecasts for the period 2012-2022 in terms of value (US$) for the Indian defense market, which is broken down into revenue and capital expenditure, as well as for eight submarkets that together form the overall capital expenditure figure. The report provides profiles of leading public, private, joint venture, and international companies operating within the market, and includes interviews with experts in the field of Indian defense, providing specialist insight alongside Visiongain analysis. 

    Companies Listed

    ABG Shipyard Limited (ABG)

    Adcom Military Industries

    Advance Tech Control Pvt Ltd

    AgustaWestland

    Airbus, Airspace Infrastructure Private Ltd

    Alenia Aermacchi

    Alenia Aeronautica

    Allen Reinforced Plastics Pvt Ltd

    Alpha Design Technologies Pvt Ltd

    Alpha Phazotron Radar Equipment Systems

    Anjani Technoplast

    Antonov

    Armaris

    Ashok Lelyand Defence Systems Ltd (ALDS)

    Ashok Leyland

    Asta Microwave Products Limited

    Aubert Duval

    Automotive Coaches and Components Ltd

    Avadi Heavy Vehicle Factory

    Aviazapchast Plc

    Aviotech Lld

    Axis Aerospace and Technologies (AAT)

    Babcock Group

    BAE Systems

    BAE Systems BAEHAL Software Ltd

    BAE Systems Bofors AB

    BAE Systems India Pvt Ltd

    BAE Systems Land and Armaments Group

    BAEHAL Software Ltd

    Barco NV

    Barracuda Camouflaging Ltd

    Berretta

    Bharat Dynamics Limited

    Bharat Earth Movers Limited (BEML)

    Bharat Electronics Limited (BEL)

    Bharat Electronics Limited OP Financials

    Bharat Electronics Limited Optronic Devices Ltd

    Bharat Forge

    Bharat Shipyard

    Boeing Company

    Boeing Defence Space and Security (BDS)

    BP Solar

    BrahMos Aerospace

    Bumar Group

    Bumar Ltd

    Bushmaster Firearms International Llc

    CADES Digitech Pvt Ltd

    CAE Inc

    CAE India Pvt Ltd

    Chemring Group

    CMC Ltd

    Compania Espanola de Sistemas Aeronauticos (CEPA)

    Corporation Zaschchita

    Coyard

    Dassault Aviation

    Dassault Group

    Dassault Systemes

    Data Patterns India Pvt Ltd

    DCNS India

    Defence Land Systems

    Defence Land Systems India

    Denel Pty

    Diehl Defence

    Direction des Constructions Navales Services (DCNS)

    DMD Group

    DRS Technologies

    Dynamatic Technologies Ltd

    EADS Airbus

    EADS Cassidian

    EADS Eurocopter

    EADS P2I 'Warszawa-Okecie' SA

    Edgewood India

    Edgewood Technologies Pvt Ltd

    Edgewood Ventures Llc

    Elbit Systems Electro Optics

    Elbit Systems Ltd

    ELTA Systems Ltd

    Embraer

    EON Infotech

    European Aeronautic, Defence and Space Company (EADS)

    Fincanteri SpA

    Finmeccanica SpA

    Flash Forge India Pvt Ltd

    FN Herstal

    Garden Reach Shipbuilders and Engineers Limited (GRSE)

    General Dynamics C4 Systems (GDC4S)

    General Dynamics Corporation

    General Dynamics Land Systems (GDLS)

    General Dynamics UK (GDUK)

    General Electric

    General Electric Medical Systems

    Goa Shipyard Ltd

    Godrej & Boyce Manufacturing Company Ltd

    Godrej Group

    Grob Aircraft

    HAL Edgewood Technologies Pvt Ltd

    HALBIT Avionics Pvt Ltd

    Hartzell Propellors

    HATSOFF Helicopter Training Pvt Ltd

    Hawker Beechcraft Corporation

    HBL Nife Power Systems

    HCL Aerospace & Defence

    HCL Technologies

    Heavy Engineering Corporation

    Heckler & Koch

    Hinduja Automotive

    Hinduja Group

    Hindustan Aeronautics Limited (HAL)

    Hindustan Opticals

    Hindustan Shipyard

    Honeywell Automation India Ltd (HAIL)

    Honeywell Avionics

    Honeywell International Inc.

    Honeywell Technology Solutions (HTSL)

    Honeywell Turbo Technologies (HTT)

    Howaldswerke Deutsche Werft (HDW)

    ICICI Bank

    Ilyushin Jsc

    INCAT

    Indo-Russian Aviation Ltd

    Infotech Enterprises Ltd

    Infotech HAL Ltd

    I

    ntermarine

    International Aero Manufacturing Pvt Ltd

    Israel Aerospace Industries Ltd (IAI)

    Israel Weapons Ltd

    Jupiter Aviation Logistics (JAL)

    Jupiter Strategic Technologies Pvt (JST) Ltd

    Kalyani Group

    Kamov Jsc

    Kangnam

    Kawaski

    KEW Industries Ltd

    Kirloskar Brothers Ltd

    Korean Aerospace Industries (KAI)

    KPB Tula

    Krauss-Maffei Wegmann GmbH & Co. (KMW)

    Larsen & Toubro Ltd (L&T)

    LIG NEX1

    Lockheed Martin Corporation

    Lockheed Martin India Private Ltd

    Magellan Aerospace Corporation

    Magnum Aviation

    Mahindra & Mahindra (M&M)

    Mahindra Satyam

    Max Aerospace and Aviation Limited

    Mazagon Dock Limited (MDL)

    Mazagon-Pipavav Ltd

    MBDA Systems

    Memory Electronics Pvt Ltd

    Merlin Hawk Associates

    Michelin

    Microcon

    Mikoyan

    Mishra Dhatu Nigam Limited (MIDHANI)

    MKU

    Multirole Transport Aircraft Ltd

    Multitone Mobile Communications Company

    Navatina

    Nelco

    Northrop Grumman Corporation

    Nova Integrated Systems Ltd

    NPO Mashinostroyeniya Jsc

    Panhard General Defence

    Paramount Group

    Pawan Hans

    Pearson Engineering

    Phazotron Corporation

    Pilatus Aircraft

    Pipavav Defence & Offshore Engineering Company Ltd

    Pipavav Shipyard Limited (PSL)

    Pratt & Whitney (P&W)

    Premium AEROTECH GmbH (PAG)

    Punj Lloyd Ltd

    QuEST Global Engineering

    Rafael Advanced Defence Systems Limited

    Ramoss India Ltd

    Rayazan SIP

    Raytheon Company

    Raytheon India

    Raytheon Integrated Defense Systems

    Reliance Group

    Reliance Industries Ltd

    Rheinmetall Air Defence

    RK Machine Tools

    RMX Bridport Defence Systems Pvt

    Rolls Royce Defence & Aerospace

    Rolls Royce Group Plc.

    Rolls Royce Overseas Holdings Ltd

    Rolta India Limited

    Rolta Thales

    Rosoboronexport

    Rostvertol

    Russian Aircraft Corporation (RAC/MiG)

    Saab AB

    Saab Dynamics

    Safran Group

    Samtel Display Systems Ltd (SDS)

    Samtel Group

    Samtel Group India

    Samtel HAL Display Systems Ltd (SHDS)

    Samtel Thales Avionics Ltd

    SangYong Motor Company

    Seamless Group

    SEC Industries Pvt Ltd

    Selex Communications

    Selex Galileo

    Serial Innovations

    Setforge

    Shrilakhsmi Cotsyn Corporation

    Shrilakshmi Defence Solutions Ltd (SLDS)

    SIGMA Microsystems

    SIGT Pvt Ltd

    Sikorsky Aircraft Corporation

    Singapore Technologies Kinetics

    Skanda Aerospace

    Snecma (Societe Nationale d'Etude et de Construction de Moteurs d'Aviation)

    Snecma HAL Aerospace Pvt Ltd

    Soltam Systems

    Southern Group Industries

    Speck Systems

    SQuAD

    Steel Authority of India Ltd

    Sukhoi Jsc

    Sunlight Systems

    Svipja Technologies

    Tamil Nadu Industrial Development Corporation Ltd (TIDCO)

    Tandon Group

    Taneja Aerospace & Aviation Ltd

    Tata Advanced Materials (TAM)

    Tata Advanced Systems (TAS)

    Tata BP Solar

    Tata Communications

    Tata Consultancy Services (TCS)

    Tata Elxi Ltd

    Tata Group

    Tata HAL Technologies Ltd

    Tata Industries Ltd

    Tata Motors

    Tata Power Company

    Tata Power Strategic Electronics Division (SED)

    Tata Technologies

    Tata Teleservices

    Tatra

    Tatra Sipox

    TDA Armaments

    Telcom

    Textron Systems Corporation

    Thales Group

    Thales International India Pvt Ltd

    Thales Softw

    are India Pvt

    TIL Tractors India Ltd

    TS Kisan & Co. Pvt Ltd

    TSL Defence Technologies Pvt

    Turbomeca

    Turbomeca India Engines Pvt Ltd

    UAC Transport Aircraft

    Ukrinmash

    United Aircraft Corporation (UAC)

    United Aircraft Corporation Transport Aircraft (UAC-TA)

    United Technologies Corporation (UTC)

    Ukraineexport

    Uralvagonzavod Scientific Industrial Corporation Plc

    Vecima

    VEM Technologies

    VXL Technologies

    Walchandnagar Industries Ltd

    Wartsila India

    WFEL

    Wipro Technologies

    Zen Technologies

 

Easily post a comment below using your Linkedin, Twitter, Google or Facebook account.

Related Products

General Micro "Horizon" C299

The C299 Horizon is a third generation, 6U cPCI SBC module based on GMS’ upgradable CPU...

VPX3-453 3U VPX Virtex-6/8640D Digital Signal Processor

The Curtiss-Wright VPX3-453 is a high performance 3U VPX DSP and FPGA processor card th...

General Micro "Atom" XPC40X Rugged, Ultra-Small, Ultra-Low-Power Intel Atom™ CPU SBC

The XPC40X Atom is a rugged, low cost, ultra-low power, lightweight, Atom™ based comput...

Related Companies

Innovative Integration

  Since 1988, Innovative Integration has grown to become one of the world's leading supplier...

General Micro Systems Inc

Since 1979, General Micro Systems has been providing the most diverse line of single-board comput...

Elma Electronic Inc

Who we are...   About Elma Electronic Systems   The Systems division of Elma Electron...

Most Popular Articles


Wire News provided by   

 

All Access Sponsors


Follow Us On...