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Right signals The Samyukta, Indias first major electronic warfare system, was developed in partnership with TATA Power - SED Mohammed Yousuf
The achievements in nuclear and space sectors can be replicated in defence production, if the Defence Ministry is willing
After Indias independence, defence production was restricted to the public sector. Poor industrial infrastructure
prompted the government to create defence public sector units as system integrators along with ordnance factories,
http://www.thehindubusinessline.com/opinion/in-defence-of-private-participation/article5664995.ece
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private industry is willing to invest and play a major role in defence indigenisation. But the government has to create
the right conditions on the ground. Corporates are answerable to their boards and cannot invest indefinitely in an
unpredictable environment.
FICCI urges the government to repose trust in Indian private companies, stop nomination of major projects to PSUs
and introduce competitiveness in the defence sector.
This will open more avenues for public-private partnership, promote indigenisation, create the much needed defence
industrial base and generate economic spin-offs.
The defence sector should learn from the phenomenal success that India achieved in the strategic nuclear and space
sectors.
The Nuclear Power Corporation of India (NPCIL) and the Indian Space Research Organisation (ISRO) recognised the
strengths of private industry and involved them during the initial stage, not as vendors but as risk-sharing partners.
As a result, India sustained its capabilities even under the sanctions. Industrys partnership with ISRO and NPCIL is a
shining example of PPP, which also needs to be emulated by the defence and aerospace sectors.
(The writer is the Secretary-General, FICCI)
(This article was published on February 7, 2014)
http://www.thehindubusinessline.com/opinion/in-defence-of-private-participation/article5664995.ece
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