What's new

Public vs. Private - B. Kalyani

DMLA

FULL MEMBER
Joined
Feb 13, 2010
Messages
641
Reaction score
0
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
 
The Kalyani Group is one of the leading Industrial Houses in India, with a sharp focus on primarily four sectors, viz. Engineering Steel, Automotive & Non-Automotive Components, Renewable Energy & Infrastructure and Specialty Chemicals.

The Group's Annual Turnover is over USD 2.4 billion and has joint ventures with some of the world leaders such as ArvinMeritor, USA, Carpenter Technology Corporation, USA, Hayes Lemmerz, USA, FAW Corporation, China, Gerdau SA, Brazil etc.

Bharat Forge Limited, the flagship company of the group is a global forging conglomerate. With a global capacity of over 750,000 TPA spread across 12 locations and 6 countries - four in India, three in Germany, one each in Sweden, Scotland, USA and two in China, Bharat Forge has the capability to meet the global demands of its customers with seamless engineering and design support.

BFL manufactures a wide range of safety and critical components for the automotive, railways, energy, construction equipment, oil & gas and several other industrial sectors.
 
Back
Top Bottom