Largest 'Make in India' chopper contract: Navy to screen private and public vendors for Rs 20K-crore

[anant_s]

Largest 'Make in India' chopper contract: Navy to screen private and public vendors for Rs 20K-crore deal
NEW DELHI: Moving ahead on its plans to procure new utility helicopters, the Navy is selecting vendors from the Indian private and public sector for the project and has calculated that the acquisition would cost over Rs 20,000 crore.
A firm proposal has been moved by the Navy to the ministry of defence that specifies that it requires 110 naval utility helicopters, out of which 94 are to be made in India in collaboration with a foreign partner. Sources said the Navy has also moved a proposal to purchase torpedoes and depth charges for the choppers and that weapon trials would be held in India and abroad.
The valuation of the contract makes it the largest 'Make in India' chopper deal to date, exceeding the Army light utility chopper deal that was given to Russia's Kamov in May and will cost over Rs 5,000 crore. As reported, 11 Indian companies, including Mahindra, Tata, L&T and Reliance, have responded to an initial request for information that was issued by the Navy earlier this year. All offered helicopters to be made in India in partnership with a foreign firm. Mahindra and Airbus have even announced discussions on the formation of a joint venture. The companies aim to form a joint venture company in the coming months for Make in India chopper contracts in what is speculated to be an exclusive contract for Airbus.

While 11 Indian entities have expressed interest, there are only a handful of foreign companies with a helicopter that meets Indian requirements. These include Airbus, Bell and banned Italian entity AgustaWestland. To make the selection more competitive, the Navy has decided that more than one Indian company can offer the same helicopter. This would mean that a foreign company could tie up with two more Indian entities. As the cutting factor is pricing, an intense competition is expected in ..
Largest 'Make in India' chopper contract: Navy to screen private and public vendors for Rs 20K-crore deal - The Economic Times

 

[Optimos Prime IA]

Well played ! It's like raining diamonds for our private players . Every day new deals are been announced. Wish we started Make in India initiative in 2000 itself

 

[nForce]

Nothing new if products are made in India, for India. In case of military hardware, it starts with a ToT, nothing new in that concept.

The idea that people had with 'Make in India' is various companies across the World will move their manufacturing bases to India, from where supplies of finished goods will go to all over the World.

If manufacturing is only for local consumption, then there is absolutely nothing new or outstanding in that, we have been doing that for decades. No need to give it a fancy name like 'Make in India'.

 

[India defense]

indeed a good news...

Nothing new if products are made in India, for India. In case of military hardware, it starts with a ToT, nothing new in that concept.

The idea that people had with 'Make in India' is various companies across the World will move their manufacturing bases to India, from where supplies of finished goods will go to all over the World.

If manufacturing is only for local consumption, then there is absolutely nothing new or outstanding in that, we have been doing that for decades. No need to give it a fancy name like 'Make in India'.

whatever is manufactured outside for local consumption...if you bring it to India...it is not a great news ?

 

[nForce]

whatever is manufactured outside for local consumption...if you bring it to India...it is not a great news ?

It is great news indeed. But we were already in the process of doing that. That was already happening.

We don't necessarily have to serve the old wine in a new bottle. If we start a new initiative, my expectations would be something more than the existing. Hope you get my point.

 

[INDIAISM]

Nothing new if products are made in India, for India. In case of military hardware, it starts with a ToT, nothing new in that concept.

The idea that people had with 'Make in India' is various companies across the World will move their manufacturing bases to India, from where supplies of finished goods will go to all over the World.

If manufacturing is only for local consumption, then there is absolutely nothing new or outstanding in that, we have been doing that for decades. No need to give it a fancy name like 'Make in India'.

The Idea is to build aerospace industrial base in India and for that you need local consumption...At the end of the day nobody is going shift their factories in India if they so't see local market.

New thing here is Private sector...with Tata,Reliance,Mahindra and L&T getting involved you will see export of these products from India in Near future..

 

[India defense]

It is great news indeed. But we were already in the process of doing that. That was already happening.

We don't necessarily have to serve the old wine in a new bottle. If we start a new initiative, my expectations would be something more than the existing. Hope you get my point.

yes it is necessary....it is called marketing funda...Modi is good in that.
you know German started talking about "Make in Germany" ...dont you think German already doing that?