- Keen to play an active role in Govt.’s ‘Make in India’ initiative
- Company to also showcase its prowess in Defexpo to be Held in Goa this year
New Delhi. 21 March, 2016. Himachal Futuristic Communications Ltd (HFCL) a leading integrated telecom solutions provider is entering into defence equipment manufacturing as part of their strategy to contribute to the nation’s plan for self sufficiency in the defence sector by participating in the defence equipment manufacturing under the Government of India’s “Make in India” initiative. HFCL will be exhibiting its wide range of Defence related equipment during the eleventh edition of DEFEXPO 2016 starting March 28, 2016.
The Company has already been granted industrial licences for a range of products which includes electronic fuses, electro optical devices and communication equipment along with permits for assembling electronic warfare systems, radars and the design, development and manufacturing of aircrafts, including helicopters. It is in discussions with global original equipment manufacturers (OEMs) for a tie up to produce equipment in an array of expanses. The main objective behind this move is to play an active role in making India a global hub in defence engineering, manufacturing and exports.
HFCL entered in Defence Communication infrastructure way back where it commissioned one microwave based and one satellite based communication project for Northern Command. These were major defense infrastructure projects executed by us. In recent years, it won a sub project to lay optical fibre cable for Defence Sector’s pan-India communication project ‘Network for Spectrum’ (NFS).
Mahendra Nahata, Managing Director, Himachal Futuristic Communications Ltd. said “According to government statistics, roughly 60% of India’s defence requirements are met through imports. Our country certainly has the potential to emerge as a global platform for defence research, manufacturing and supply chain sourcing, which will strengthen our defence capabilities and spur defence manufacturing as well as its exports. The recent initiative of the Government to open the defence sector for private players will help foreign OEMs to enter into strategic partnerships with Indian companies and leverage the domestic markets. Our aim of getting into Defence manufacturing is to bring in world-class technologies to the Country, cut down on import of defence products and make available state-of-the-art technologies to our soldier.”
“DEFEXPO, the most important biannual event of its kind presents opportunities for the foreign companies to enter into the Indian market and also for the local companies like us to collaborate, design, develop and showcase our engineering strength and capabilities to deliver military equipment.” he further added.
During DEFEXPO the group will demonstrate its capabilities in the field of Defence communication, Security and Surveillance. The Company is committed to be a part of National defence and security support system by manufacturing defence equipment, sub-systems and major assemblies for the use of Indian Armed, Para Military and Internal Security Forces. HFCL products will be exhibited at Stall No. 3.2.4, Hall No. 3.
HFCL to enter in Defence Equipment Manufacturing