smestarz
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But one point is that there are joint ventures but neither the Indian companies seem to want to do hi tech Research or learn it, but rather comfortable with their partner keeping the tech and just building the product
In a way, the technology is theirs and we just do the simple assembling of kits. Would this be termed as creating jobs? or being Made in India?
By that definition if we bring chinese phone in parts and assemble in India can we call it Made in India? possibly in a way.
In a way, the technology is theirs and we just do the simple assembling of kits. Would this be termed as creating jobs? or being Made in India?
By that definition if we bring chinese phone in parts and assemble in India can we call it Made in India? possibly in a way.
Alright I think I can reason my point with that. Companies like Tata, Mahindra and L&T have been working with the defence sectors from quite some time, just that it's teh Air force where they haven't stepping in much due to closed nature of the force.
Yes no partner will serve their patented technology on a platter but they do let their JV partners understand and build the products under licence. HAL itself built MiG-21 under licence, and slowly these partners gain expertise and build over it.
The moment FDI and private players are allowed in the defence sector you've started seeing the tie ups like Reliance with Anotov of Ukraine and Tata Motors with Bharat Forge for India's next FICV. All I am highlighting is that now govt has created a favourable market for private players. We can see this sector blossom in next 5-10 years and start seeing robust product line if nurtured adequately.
Sweden should be our biggest example. A small country that possess one of the top defence equipment and components industry that competes with US, Israel and Russia.