EFY Times  
Saturday, February 06, 2016

 
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: 1821)
 
Share

 
 
Electronics News
   
Sanoxy Introduces New Luxury And Functional Smart Phone Watch Line
QRC Announces The World's Smallest RF Recording & Playback System
Vivonics Sells Artificial Lung Technology
Technology Associates Limited Achieves Microsoft Gold Project And Portfolio Management Competency For Fifth Consecutive Year
Web Werks Plans To Expand Data Center Footprint In India
 
 
 
     
     
     
     
     
     
Most popular
 

Daily

Weekly

Global Wearable Technology Market - Poised To Grow At A CAGR Of Around 18.2% In The Next 5 Years - Research And Markets
Global Wearable Technology Market - Poised To Grow At A CAGR Of Around 18.2% In The Next 5 Years - Research And Markets
Team IIIT – B Wins Swiss Re 'My Personal Risk Advisor' Hackathon
Infosys to Build World's Tallest Clock Tower
The Demise of Windows Phones
7 Things Startup CEOs Are Better At Than Everyone Else
10 Interesting Interview Questions Asked In Top Tech Startups
Top 5 Hidden Tricks For Your Android Smartphone
Open Source Start-ups can get Funding from UNICEF
5 Key Qualities Of Facebook's Best Managers
Beckatt Solutions Exhibited 3D Printing Technology At The NEW 200 Foundation STEM Expo On January 28th In Warrenville, IL
IBM CEO Rometty says, '21st Century Belongs to India'
Startups Can't Get Skilled Engineers
The Upcoming KDE Neon Project
Should India Permit Apple to Import old IPhones
TRAI proposes PPP model for BharatNet
VMware gets rid of 800 Jobs
 
   

Overall

Features
5 Hidden Features In Truecaller
The next generation digital phonebook app is full of hidden tricks and features....
5 Brands That Created Buzz On Twitter In Past Week
Weekly Twitter Advertiser Index lists the brands that generate most engagement with audience using the platform....
7 Things You Didn't Know You Could Do With iPhone
Here are 7 hidden feature of iPhone. ...
10 Interesting Interview Questions Asked In Top Tech Startups
Are you eying for the dream job in USA? Here are some interesting interview questions that you might get asked....
5 Biggest Smartphone Myths Busted
Did you know that overcharging of the device does not damage the battery?...
Top 5 Hidden Tricks For Your Android Smartphone
You can customize everything on your Android smartphone. ...
5 Key Qualities Of Facebook's Best Managers
The best managers help employees to progress and grow their skills. ...
7 Things Startup CEOs Are Better At Than Everyone Else
The great entrepreneurs are the best marketeer, salesman and leader. ...
6 Tips & Tricks That Every YouTube User Should Know
The popular video streaming site has tons of hidden features....
5 Hot Upcoming Smartphone Launches Of 2016
Here are top 5 smartphones that will be launched in coming months....
Top 5 Smartphones With Great Battery Life Under Rs 12000
Here are some budget smartphones that last for day long heavy usage!...
5 Things You Should Buy To Keep Your Gadgets Clean
Here are 5 things under Rs 800 that should be part of your gadget cleaning kit....
6 Hot Tech Careers For 2016
Tech jobs are amazing. They provide you flexibility and lots of opportunities. ...
5 Must-Have Business Apps For Android Smartphones
You can boost the efficiency of your business using these apps....
5 Key Trends For Indian E-commerce In 2016
E-commerce had a great standout in the last year. This year will bring some major transformation in the industry. ...
 
  View All
Dialogue
 
Cisco Chairman keen on Manufacturing in India
EFY Times brings you some exclusive excerpts of an interview that was recently held with US-based, Cisco, executive chairman, John Chambers. ...
Chat-based bot developed by engineering graduates
Niki, developed by a group of four engineering graduates from Bangalore, now has 5,000 users, Niki - niki.ai/app - an Android (mobile) app is chat bas...
Meet Pranjal Saxena, India's 21 Year Old Electronics Wizard
Milan Ondhia of EFYTimes was in a forthright conversation with the 21 year old Pranjal Saxena from New Delhi; an aspirant at the WorldSkills meet, in ...
“We Offer Managed Document Solutions To CIO And IT Decision Makers”: Canon
Manufacturing within the country will surely reduce the cost of our devices, but manufacturing can begin only if there is the desired eco-system and w...
“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...
   
  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 2016 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