India is the 7th largest Aerospace and Defence (A&D) market globally. India has needs to reduce its dependence on imports and also modernize its A&D capital equipment base.
The indeginous manufacturing base, historically built around DPSUs and Ordnance Factories is only now evolving with private sector players focusing on setting up meaningfully sized and competent facilities. As the A&D industry evolves, the key impact is in terms of greater capability in platforms – a significant portion of this comes from electronics. Hence electronics in Indian A&D industrial plan is the critical centre-piece that needs addressal. The challenge is compounded by the historically limited industrial base addressing electronics.
The core focus on this report is on policy recommendations across six major issues – visibility, structural, policy, industrial, program award, DPSU related.
Total market opportunity for A&D electronics for India is USD 70-72 bn in next 10-12 years.
The opportunity for electronics in India stems across both stand-alone and at a sub-system level for other systems.
Another set of opportunity is the potential to integrate into global value chains of OEMs.
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