EFY Times  
Wednesday, August 27, 2014

 
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: 1404)
 
Share

 
 
Electronics News
   
VTech's Value-Packed 4th Generation Children's Learning Tablets InnoTab 3S Plus And InnoTab 3 Plus Now Available
Continental Announces Approximately $150 Million Investment, Creates Roughly 500 Jobs In Newport News, Virginia
Two Electronic Manufacturing Clusters Approved By Government
Transphorm Partners With Tata Power Solar To Introduce India's Most Efficient Solar Inverter
Lextar And Cree, Inc. Announce LED Cooperation
 
 
 
     
     
     
     
     
     
Most popular
 

Daily

Weekly

Linus Torvalds Still Wants A Desktop!
Linus Torvalds Still Wants A Desktop!
18 Most Well-Paid Jobs in Google
17 Awesome OpenSSH Hacks You Must Try!
Top 10 Apps For Best Productivity On Linux
Learn To Compile And Run C/C++ Code In Linux: 10 Steps To Follow
Munich Takes A U-Turn! Plans To Switch Over To Windows From Linux
Indian Develops Replica Of Google Glass At Rs 4,500
8 Tips To Make Life Smoother For Programmers
Top IT Certifications Of 2014
15 Less-Known CSS Tools You Would Love To Apply
Xiaomi Mi 3 Debacle: Flipkart Cancelling Orders Automatically!
Ebola Virus Spreads As Epidemic Across The Globe
11 Must Have JavaScript Tools For Web Developers
30 Useful Tips to Give You Better FreeBSD Experience
5 Best YouTube Downloaders For You
Google Offers Rs 14 Million Package To A BITS Pilani Student!
 
   

Overall

Features
10 Tips To Use Gmail At Its Best
If you are a Gmail user then you should always know what are those additional features which you are missing upon. Get to know them here....
Top 10 C++ Libraries For You
If you want to improve your functionality in C++ language, then these libraries will be of great help....
10 Best Free Cloud Drives For You
Options have never seen a dearth when it comes to cloud drive services. But sometimes it gets difficult to choose from them....
10 Must-Know Facts Of Red Hat Enterprise Linux 7
Being not a very simple OS, there are so many things which you should know prior to using the new RHEL 7....
8 Awesome Tips For Budding Programmers!
Programming is not very tough, once you know the right skills how to reach your goal....
6 Reasons Why You Should Use FreeBSD Over Linux?
The Unix-like OS, FreeBSD, is superior to Linux for several reasons. Check out the reasons here....
Top 10 Best Tutorials On Magento
You are dreaming of becoming a web development professional and want to learn Magento CMS by heart? Herds of books and tutorials are available to help...
5 Best YouTube Downloaders For You
Are you a prolific video downloader? Then, get the most handy downloaders that come for free....
18 Most Well-Paid Jobs in Google
Are you thinking to make a career in Google? Here are some of the best options which you can bank upon sincerely....
15 Less-Known CSS Tools You Would Love To Apply
Move on from your basics, like Firebug and Web Developer, and try something new with the following tips....
17 Awesome OpenSSH Hacks You Must Try!
Learn some new tricks to enhance your knowledge about OpenSSH which will hep you a lot....
8 Tips To Make Life Smoother For Programmers
Dream to become a great programmer? We are here to help you with some non-technical tips to make that happen....
Learn To Compile And Run C/C++ Code In Linux: 10 Steps To Follow
Move on from MS-Windows and create C/C++ programs on Ubuntu Linux. We are here to help you....
30 Useful Tips to Give You Better FreeBSD Experience
Using FreeBSD takes a new turn for you as we provide with some of the best tips and tricks here....
Indian Labour Class Needs To Be Improved In MSME Sector, Says Government Official
If India is to be developed as an all-rounder, then it's necessary to think about the main ingredient of our industry, the labour class....
 
  View All
Dialogue
 
10 Questions That Google Never Asks While Hiring!
Here is a list of 10 questions that Google just banned from their interviews....
For Enjay, Open Source Technology Is A Way Of Life
An entirely open source-based company, Enjay IT Solutions, has built itself a reputation in the OSS domain....
Switching To Tizen Doesn’t Mean We Are Abandoning Android: Samsung
The company has worked to build Tizen up from scratch and has now introduced it to developers and the general public with its latest range of wearable...
Venturing Into The Cloud? Develop A Customised Cloud Strategy First!
Diksha P Gupta speaks to Rushikesh Jadhav, cloud evangelist, ESDS Software Solution Pvt Ltd, on how the cloud has changed the way compan...
HTC Is Strong And There Are No Plans Of Sale Now Or In Future, Says HTC's Senior Director-Marketing
Atithya Amaresh from EFYTimes had an exclusive chat with Sirpa H. Ikola, senior director, Marketing, South Asia, HTC about its devices and its plans w...
   
  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
   
 
MWC 2014
 
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...
MWC 2014: Alcatel Unveils PIXI 7 Tablet With Android 4.4
Alcatel arrived at the MWC 2014 with yet another low cost Android tablet, priced at $110 ...
MWC 2014: LG F70 Unveiled With Android 4.4
LG announced the new LTE-enabled Android smartphone, LG F70, at MWC 2014 in Barcelona. ...
   
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
Facts 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 2014 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