2022 years ago, the Indian Navy will buy 160 new ships over 400 aircraft
Indian Navy Delhi-class guided missile destroyer with the U.S. Arleigh – Burke-class warships composition formation
LONDON, June 18: India 17, SIFY website reported that Deloitte & Touche Consulting India, and Confederation of Indian Industry (CII) 17 issued a report on India’s military expenditure, military spending has shrunk in the West, said the case of India’s military expenditure is rising, its military modernization program will be a huge global arms manufacturers opportunities. Reported that India in the border of the Mountain Division to deploy new Marine weapons procurement slow progress, but the pain in the navy under the original capital, including the 2022 purchase of 160 new ships, and more than 400 aircraft of various types fighters.
reported that the current global arms manufacturers regarded India’s military modernization as an important business opportunity, in this case, Deloitte Consulting India and Confederation of Indian Industry (CII) jointly issued a report detailing introduced the Indian defense market and provide opportunities. Deloitte-CII report, in the tradition of Western countries such as the United States and other economies continue to decline in defense spending, while India’s defense spending because of New Delhi’s defense modernization plan in the next 20 to 25 years of steady increase.
the International Monetary Fund forecast, in real terms, from 2010 to 2014, India’s economy will achieve 7.5 percent growth rate. Deloitte report, the forecast will be linked with India’s defense spending in 2015, when the current $ 32.03 billion in India’s defense spending will increase to $ 42 billion. By 2015, when, for investment in new weapons platform from the current $ 13.04 billion increase to $ 192 billion.
, the report said inflation will go some way to regulate these data: real growth in defense spending is expected to decrease over the next two years, from 2012 to 2015 will be reduced by 5.3%. However, despite this, these numbers are impressive. In the current five-year plan (2007-2012), India will invest $ 100 billion for weapons and equipment, while the next five years (2012-17) Plan, the expenditure will increase to $ 120 billion.
Deloitte-CII report, in real terms, of which 70% of the purchase of foreign arms procurement for the project, India’s only 30%, most of which are state-owned enterprises to provide parts and subassemblies. Indian Defense Ministry has repeatedly mentioned the need to achieve to make local products share 70% of the target, but the report expressed doubts. If this target by 2015 can be achieved when the local defense industry would need to double the size of a whole, which is impossible.
Indian Defense Ministry’s growing “buy local” needs and help local companies to make tax policies benefit the defense sector in India – India’s defense in the government sector units, tax incentives or even up to 50 %. However, the Deloitte-CII report clearly recognizes that foreign companies have the opportunity for the Indian defense production sector experts in the development of advanced platforms and systems, the Indian defense production sector needs these experts.
reports that in 2009 India has been hit hard ground systems procurement project, the overall number of serious decline. The majority of purchases being delayed and the Indian Army’s $ 8 billion modernization project-related (often referred to as field artillery rationalization plan, or FARP). The project is planned for the next two decades, from 47.7 to 6,480,000,000 U.S. dollars to spend, procurement 2700-3600 firearms.
Indian Army has begun to purchase four guns: for deployment in the border mountain air ultra-light howitzer procurement division, the plains and mountain infantry division for the procurement of 155 mm drag and wheeled artillery, for mechanized attack Step procurement team tracked and wheeled motorized artillery and vehicle artillery systems. However, the progress of these projects is very slow.
addition to upgraded guns, the report also highlighted the delay in the tank upgrade program, and procurement of unmanned aerial vehicles and 300 for the Army Aviation helicopter procurement project. India’s outdated air defense system for foreign defense suppliers to provide an important opportunity.
Deloitte-CII report, compared with the other military services, the Indian Navy’s procurement localization progress more slowly. Foreign shipbuilding experts, to help modernize the shipyard degree, to enable production of larger, more advanced warships, but also a business opportunity. Indian Navy plans to 2022, when building a team with more than 160 ships of the naval forces, including three aircraft carriers, 60 main warships (including submarines) and the 400 or so different types of aircraft.
high Indian Navy report strong “localization program” – The plan foresees the Indian demand for marine machinery and equipment, including steam turbines, diesel generators, pressurized cylinders, hydraulic and engine control device and so on.
In addition, 70 percent of the Indian Coast Guard’s demand was not met. Faced with this situation, India in the next few years, doubling its existing assets and assets in the ten years to quadruple. In five years, cruising the coast of India existing 76 teams and 45 aircraft, ships are expected to surge to 217 ships and 74 aircraft. Moreover, the new ships, will be about 70 to large ships.
report, India is striving independently developed aviation aircraft. The field of aircraft, India has always been to rely on Russia. Now, the Indian Air Force is seeking to diversify its sources of fighters and transport aircraft, which provides an important opportunity for the airlines. (Compiled: Spring)