EFY Times  
Tuesday, April 21, 2015

 
GO
 
 

Third Strategic Electronic Summit (SES) 2012 Inaugurated
 
Home >> Electronics >> Events
 
Third Strategic Electronic Summit (SES) 2012 Inaugurated  
 
The two-day long Aerospace and Defence sector’s 3rd Strategic Electronic Summit (SES) 2012 commenced in Bangalore, bringing together leaders and key decision makers from the government, the defence services and the industry.    
Rate this news:  (0 Votes)
Thursday, July 26, 2012 The Indian defence and aerospace sectors are growing at an unprecedented rate and India is emerging as one of the largest markets for this sector globally.

With India being one of the world's largest military spenders in the world, there is an exponentially high degree of attention on India which has one of the largest defence procurement budgets in Asia.





The key drivers of the Indian aerospace and defence industry is the high domestic demand, offset policy, cost advantages, talent base and the opportunity to leverage IT competitiveness.

The seminar, jointly hosted by the India Semiconductor Association (ISA) and ELCINA was inaugurated at the HAL Convention Centre, by M. M. Pallam Raju, minister of State for Defence.

Today, the strategic electronics sector presents an unprecedented opportunity as well as challenge. Modern warfare systems including fly by wire, avionics, telecommunications, sonar systems, navigation and surveillance depend heavily on electronic systems. The production of strategic electronics in India has been growing steadily from Rs. 5,700 crores in 2007-08 to Rs. 9,000 crores during 2009-10.

As per expected growth rates, electronics production in defence sector in India is likely to reach Rs.15,000 crores during the current financial year. We could safely say that the value of electronics will rise faster than the total value of strategic equipment and thus become increasingly important strategically as well as commercially.

PVG Menon, president, ISA, said: "The growth in strategic electronics is fuelled by the expanding budgetary allocation for the defence sector, which grew by 12 per cent from Rs. 147,344 crores in 2010-11 to Rs. 164,415 crores in 2011-12. Of this, capital expenditure, which mostly caters for modernization requirements, accounts for Rs. 69, 199 crores. As per the projected estimates, India is likely to spend nearly $100 billion on military procurement during the current five year plan (2007-12) and $120 billion in the next plan period (2012-17), the latter coinciding with the last phase of India’s ambitious military modernization plan. This represents a huge opportunity for Indian electronics companies to develop innovative technologies and products for this sector."

T. Vasu, president, ELCINA, said: "As envisioned by the industry, strategic electronics segment refers to electronic systems used for defence of the country and are of tactical and long term importance. This would cover equipment used for land, air and naval forces as well as para military forces. Strategic electronics is also being widely applied for internal security applications such as by civil and crime-control police forces."

As is well known, India's dependence on imported technology and equipment continues to grow and we now have the unenviable distinction of being the largest importer of defence equipment. There is an urgent need to address this situation and we have to find ways to enable our own industry to play a greater role in development and manufacture of defence equipment.

A number of public as well as private companies like, C-DOT, Hindustan Aeronautics Ltd., Vittal Innovation City Tata Power, L&T and Mahindra Defence Systems supported the summit. Top officials of Army, Navy, Air Force, DRDO, and Directorate General for Quality Assurance (DGQA) were also present at the summit.



Print Email Post Comment 
(Total Views: 1594)
 
Share

 
 
Electronics News
   
iMedicWare Mobile App Now Released
Electronics Cluster In Pune Gets Approval From DeitY
Larson Electronics Releases A 20’ Three Stage Light Mast On 10’ Ski Axle Trailer
IK Multimedia Releases AmpliTube UA App For All Android Devices
 
 
 
     
     
     
     
     
     
Most popular
 

Daily

Weekly

Updated Panasonic Toughpad 4K Tablet Now Available
3 Successes And 3 Failures Of Microsoft
INSTALIVELY - Mobile LiveStreaming App Which Bridges Youtube Live And Social Media, Raised (120,000$)From Angels
Panasonic Enhances Toughpad 4K Tablet For Improved Productivity In Creative, Technical Fields
NxtGen Outperforms Amazon Web Services And Rackspace On price-Performance Metrics For Cloud Services
Canon Targets Young Talent; Takes Photography To School Kids
Panasonic Introduces Groundbreaking True 4K Cameras At ISC West 2015
Coming Soon: Micromax Canvas Spark, A Budget Android Smartphone!
Xilinx All Programmable Devices Enable Blackmagic Design To Develop Complete 4K Camera Systems On Chip
Microsoft, Miele Together To Create Smarter Home Appliances
WhatsApp Undergoes Facelift With Material Design And Better Layout
Get Your Team Registered For The Great Indian HP Code Off @ GIDS
Google To Expand Into Consumer Electronics
Electronics Policy 2014-2019; Gujrat To Become A Leading ESDM Destination
“One Day The End User Can Open Up A Used Battery, And Use What’s Inside As Barbecue Sauce”
Open Source Software For E-Governance Projects; Wipro Seeks Golden Opportunities
 
   

Overall

Features
7 Things To Do After Buying New iPhone
Bought a new iPhone? Here are 7 things you need to do right away...
8 Gadgets To Make Your Smartphone Even Smarter!
Check out these 8 cool gadgets that will make your smartphone smarter...
10 Must Have Google Chrome Apps
Install these Chrome extension apps to boost your work productivity...
Top 6 Octa-Core Android Phones Under Rs 10,000/-
Here is the list of best 6 super-fast Android phones you can buy under Rs 10,000/-...
6 Qualities That Can Help You Achieve Happiness
Here are 6 qualities that you can incorporate in life to find the greater happiness....
Top 10 Frequently Asked SQL Query Interview Questions
Here are 10 frequently asked SQL interview questions and answers that can help you crack the interview....
8 Best Alternatives To Bootstrap
Boostrap is used by many web developers out there. If you are looking for some innovative alternative to Bootstrap. Here is the list of 8 best options...
8 Tech Companies You Didn't Know You Use Everyday!
You may not have heard the names of following tech companies but, you use their product and services in daily life through your favorite app....
Top 8 PHP Libraries For Developers
Here is the list of best PHP libraries for web developers and programmers...
3 Successes And 3 Failures Of Microsoft
Microsoft has seen many triumphs and failures. Here are top 3 successes and 3 failures in company's 40 year journey....
Top 8 Most Expensive Smartphones In India
Ever wondered about the most expensive smartphones available in India? Here is the list of luxury smartphones...
5 Most Infamous Hackers Of All Time
Here are 5 most well-known hackers and what they've become infamous for in the hacker community...
Top 7 Smartphones With Long-Lasting Battery
Here is the list of 7 best smartphones under Rs 20,000/- which come with minimum 3000 mAh battery...
7 Mistakes That Can Kill Your Startup
Here are 7 startup mistakes that needs to be avoided to survive past the initial roadblocks....
5 Undiscovered Features Of Google Drive
Google Drive offers a number of tools to help you be more productive. Try these five for the biggest boost. ...
 
  View All
Dialogue
 
“One Day The End User Can Open Up A Used Battery, And Use What’s Inside As Barbecue Sauce”
Of course that is not something currently possible, but what B&B Batteries does have are some secret recipes for their very specialised battery design...
We Wish To Procure All The LED Components Within India: Avni Energy
G. Gururaja, director, Avni Energy Solutions Pvt Ltd, shares his views about the expanding LED industry in the Indian market and the company's plans i...
We Have Registered 50 Per Cent Growth In The Last Two Years: Arihant Lighting
Apart from LEDs, Arihant is associated with the promotion of renewable energy in India and therefore, manufactures various energy saving products....
“Elcom Plans To Build A New State Of The Art R&D And Manufacturing Unit In Maharashtra", Reveals MD Girish V Vaze
Starting out as a small business to cater to the industry’s need for import substitutes, Elcom International has grown to be a leader in the field of ...
Delta Magnets Ltd To Enter Into JV With Chinese Company!
The company had partnered with TDK Japan for technology transfer to manufacture magnets in India....
   
  View All
Videos
 
First Look: LG Optimus G
The phone sports a high-end display and comes powered by a powerful processor. ...
Create QR-Codes For Free
TEC-IT releases the freeware QR-Code Studio to provide a quick and convenient way of QR code creation for every application scenario....
DoT Secretary Shares Plans For Growth Of Telecom Sector
M.F. Farooqui has recently taken charge as secretary, Department of Telecom....
Hands-On: Sony Xperia Z
Xperia Z is Sony's first entrant model in the big-screen smartphone category. ...
Hands On: Videocon A30 Smartphone
Videocon, the consumer electronics company which is known for its refrigerators, washing machine and air-conditioner has unveiled its Android-based sm...
   
View All
   
 
IFA 2014
 
IFA 2014: LG Launches 34-Inches Curved Monitor
The company is yet to confirm price and availability of the device....
IFA 2014: Intel Launches First Core M Range Of Processors
This range of processors is tailor-made for 2-in-1 devices which include a tablet and a laptop....
MWC 2014: Tablet Lets People Feel Textures On Its Screen
Now feel what you see on your tablet, by way of ultrasonic waves....
MWC 2014: 4K Android Tablet Games To Kill Consoles, iPad
Tablet makers like Samsung want to beat the iPad by making 4K tabs. ...
MWC 2014: This Vodafone Backpack Helps Get Network In Disaster Situations
Two engineers of Vodafone New Zealand displayed the "mini" mobile network by Vodafone substructure in a backpack. ...
MWC 2014: Wilocity Chipset To Bring 'Lightening' Speed To Mobile Phones
Wilocity has developed a WiGig chipset for mobile phones that will bring lightning-fast wireless capability ...
MWC 2014: Samsung Introduces Octacore, Hexacore Chipsets
The Korean giant, Samsung unveiled two new octacore and hexacore chipsets at MWC 2014, in Barcelona. The company previously used Exynos 5 Octa 5410 ch...
   
View All
   
 
Events
 
19th Consumer Electronic Imaging Fair To Be Held On ...

View All
   
   
 
 

home archives contact us advertise with us
           
Magazines Portals Directories Events News Verticals Educational Institute  
Electronics for You
Open Source for You
Electronics Bazaar
electronicsforu.com
efytimes.com
opensourceforu.com
electronicsb2b.com
Electronics Annual Guide
EFY EXPO INDIA
EFY EXPO WEST
ELECTRONICS ROCKS
EFY Awards
OSIDAYS Expo
Electronics
Infotech
Linux & Open Source
Consumer Electronics
Science & Technology
BPO
EFY Techcenter

Educational Kits
Kitsnspares.com  
 
 
© Copyright 2015 EFY Enterprises Pvt. Ltd.
All rights reserved. Reproduction in whole or in part in any form or medium without written permission is prohibited.
Usage of the content from the web site is subject to Terms and Conditions