Yaar we have our billionaires.
Most of them are 'du number' or tax evader .... those who are wealthy from generations are tax evaders and most of 'Nau dolitia' are ... obviously you can understand the reason of accumulation of their wealth, so both of these two class don't prefer to
invest in Pakistan for obvious reasons, because of this we face the issue of 'flight of Capital' which is not happing solely because of economic reasons but due to social and political reasons.
So expecting them to invest in 'defence sector' is too much, we do have genuine business class as well but they have their issues.
Then there are the wealthy dual nationals looking for investment opportunities in Pakistan.
its a myth that Overseas Pakistanis or Pakistan Origin 'foreigners' want to invest in Pakistan; I don't know why we keep repeating this to our general public just go through the attached tables
They don't want to invest in Pakistan & they have
their 'reasons' valid and justifiable reasons.
Following is the table of workers remittances you can observe a many things just from that table
Our 'professional class' is not contributing the extent of their potential again
they have their reasons & again valid & justifiable reasons
Risks are envolved everytime you launch a new product. Return is not obviously not guaranteed.
Risk vary from product to product & market to market in simple words risk of selling perishable items are different then the risk of selling non-perishable item same as the selling of high class auto-mobile is different then the selling of Alto or Mehran car.
Defence Industry all over the globe is consider a high risk business because of limited or restricted number of buyers secondly government (including restricted numbers of buyers) can guarantee a good return for limited number of products not for every product or R&D for example JF-17 & J-10. Pakistan was interested for both Aircraft but had the financial mean for only one so we are restricted to JF-17, China has the means available for both products but & J-10 suits more to their requirements therefore China choose J-10, now imagine a scenario if a private company have had developed both of these products for one customer 'Pakistan' that company was bound to face lose on one of the programme.
Please elaborate point 3.
Yara how can there be technology issues when our engineers are confident that they can develop an actual AESA radar? there are always technical hurdels but they can be overcome.
They can built but the question is that 'indigenous AESA' would be as good as any western AESA ???
'if not' then what would that company do ?? would they discard it, or keep developing it ??
In case if company chose the option to discard the project they have to bear the lose of invested Finance & Time or may be the market reputation.
In case if they go for the further development of product then they have to decide that how much extra resources they can invest in that project; even after further investment in project
if it failed to deliver the desire level of performance would that company find herself in a position to bear the lose
Take Indian LCA program in its current stage as an example, now consider LCA as a program under development by a company headed by you and you have to take a decision to continue the program but on a condition of Guaranteed delivery of the final product equivalent to Mirage 2000-5 if not better than that within 3 years time frame & limited extra financial resources
Think as a 'businessmen' make profit & lose as the basic principle of your decision process not as a 'patriotic individual'
India as a STATE have the resources to invest in that project but the company may not have such luxury. at this stage you also have to think about maximum numbers of Jet India would buy to justify the cost of the project with desired rate of return.
I thought military tech is often utilized
in commercial/civilian products.
Yes but not every technology is have its civilian use ....
