DRDO Director General K Tamilmani pitches for Aeronautical Commission
Setting up of an Aeronautical Commission was very essential for attaining self-reliance in the aerospace sector, a top DRDO official said today.
Apache choppers to support Army's operational plans: Air Chief Marshal N A K Browne
The proposal was sent by the Army but it was returned by ...
Poke Me: The purchase of Rafale fighters points to India's failed defence indigenisation plans
India has licence-manufactured or assembled th...
40% of Indian component manufacturing capacity lying idle: Harish Lakshman, ACMA
Our forecast is that the industry will be $115 billion by 2020 and the exports contribution would around $ 40 billion by then, says Harish Lakshman, ACMA.
INTERVIEW: 40% of Indian component manufacturing capacity lying idle, says ACMA
The Indian auto component industry is going through major upheaval with over 40 per cent of capacity lying unutilized. Around 40 per cent of the temporary workforce has been cut. Harish Lakshman, President, Automotive Component Manufacturers Association (AMCA), advices members to split business into different segments and increase focus on exports to sail across the tough tide. Further talking about the future prospects of the Indian component industry he told Nabeel A Khan, that in spite of the current slowdown, auto parts business will grow by around three fold to be $115 billion by 2020 from the current $40 billion. Excerpts...
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