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Despite the opening up of India's defense sector to private players, including foreign companies, in 2001, the participation of privately owned Indian companies has not been in step with the growth of the country's defense industry market, estimated at around $100 billion in the next 10 years. The Confederation of Indian Industries (CII), the domestic private sector's lead lobbying agency, is pleading for a level playing field on which state-owned companies and private ones can compete for Indian defense contracts.
Baba Kalyani is chairman of National Committee on Defense of the Confederation of Indian Industries (CII). (CONFEDERATION OF INDIAN INDUSTRY PHOTO) Baba Kalyani, who heads the CII's National Committee on Defence, is working to draw the government's attention to several issues to boost the share of private local companies in the Indian defense market.
His committee works proactively with the Ministry of Defence and the military to facilitate formulation of government policies related to design, development and production; procurement; offsets and exports.
Kalyani is chairman of the $2.4 billion Kalyani Group, whose core businesses are steel, forgings and automotive components.
PUBLIC VS. PRIVATE
CII wants private companies to be able to compete equally with public ones in India's lucrative defense market.
Indian government-owned
■ Defense companies: 5
■ Shipyards: 4
■ Ordnance factories: 40
■ Estimated total annual order book: $5 billion
Privately owned
■ Large defense companies: 14
■ Medium and small: 5,500
■ Shipyards: 6
■ Estimated total annual order book: $850 million
Follow the link for the interview:
Baba Kalyani - Defense News