Aiming to go global, Tata Power's strategic electronics division said on Friday that it was targeting a ten-fold increase in turnover over the next five years at Rs 450 crore
Sources close to the development said the Tata group had registered revenues of around Rs 1,100 crore from the defence sector in 2006.
The Rs 1,094-crore contract with Tata Power SED involves upgrading 30 airbases to handle next generation fighter aircraft.
"We have worked with a number of foreign partners to develop the mounted gun system. We have requested the Army to provide its ranges and ammunition to us for engineering firing of the howitzer," Tata Power Strategic Electronics Division chief Rahul Chaudhary said in New Delhi on Tuesday.
Rs 275 cr payment to Tata Power (SED) blocked for putting Indian part
This upgrade will allow air operations by military and civil aircraft even in poor visibility and adverse weather conditions.
'Tata A&D, when formed, will be better equipped to execute larger and more complex projects and be more globally competitive as part of the global supply chain.'
C2C DB Systems is tightly integrated into India's warship production eco-system.
Even while rejecting Israel Military Industries' petition, the court has effectively granted foreign vendors the constitutional right to be treated equally with Indian companies.
Stories are legion about the Karatmeter's use at that time. Hundreds of people standing in queue for testing, customers breaking down after discovering the actual purity of their jewellery and then becoming irate about the jeweller who had gypped them, the local jewellery industry leaning heavily on the Tanishq franchisees to desist from using it, some jewellers even threatening violent action.
Defence ministry incompetence hobbles development of battle-taxis for the Indian Army.
The Indian Army, placing traditional weapons above high-technology, says that equipping the army's 800-plus combat units with a Battlefield Management System would cost an unaffordable Rs 500 billion to Rs 600 billion, reveals Ajai Shukla.
Ordering more Akash systems is essential for the Indian defence industry.
'... it must network its battlefield units quickly, securely, robustly,' notes Ajai Shukla.
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