36 Indian Defense Ministry approved FDI

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India has so far approved 36 Foreign Direct Investment (FDI)/ Joint Venture proposals in defense sector for the manufacture of defense equipment, both with Indian Public and Private Companies as on March 2016.

FDI, defense ministry, India

This information was given by Minister of State for Defence Subhash Bhamre in the parliament Friday.

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The FDI/JVs include; Co-development & Co-production of a Multi role Transport Aircraft of 15-20 Ton category jointly with Russian partners, Development and Manufacture of high technology miniature electronic modules and Avionic systems for aerospace applications by HAL/Edgewood Technologies.

Design, Development, market and Support products such as Aircraft Simulators and Services and to subsequently enhance the scope of products to airborne avionics Products. Development of State of the Art technology by HALBIT Avionics.

Design, Development, marketing, supply and support of civilian and select defence Radars for Indian and global markets by Bharat Electronics.Manufacture of optical goods and equipment and optical instruments by Alpha-ITL Electro Optics.

Radar, EW Systems, Electronics Communication systems by HBL Elta Avionics Systems.To provide complete support for Light Weight Howitzer and other small & medium caliber weapons programs, inclusive of engineering, design & development, manufacturing services and upgrading by BF Systems.

Production, assembling, testing, repair and support for EW equipment and systems for land/ shipbased/ airbased platforms by Alpha Electronica Defence Systems.

Manufacture of bodies (including Cabs) designed to be mounted on motor vehicles chassis for special purpose motor lorries, armoured cars etc by Armet Armored Vehicles (India).Development, Manufacture & selling of helmet mounted sight display by Samtel Thales Avionics.

By Baishakhi Dutta

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