![]() |
Kochi, India (PTI) Feb 27, 2009 BrahMos Aerospace will sign an MOU with ISRO for launcher vehicle integration, the Company CEO, Siva Thanu Pillai, said on Thursday. A separate production line for ISRO is expected to be ready by 2013 and the government has agreed to provide about 50 acre of land for it, Pillai said at a workshop here on 'Industrial Opportunties in Aerospace and Defence Sectors'. BrahMos would also be partner with Atomic Energy department to manufacture precision robotics systems and manipulators for nuclear reactors, he said. Another area of interest is the development of Aero engines for Light Combat Aircraft (LCA)s. The aim was to make Brahmos Aerospace Rs 1,000 crore company in four years time. Pillai said business worth Rs 10,000 crore turnover could be tapped by industries in Kerala from the defence sector in another 3-4 years time. The Indian defence market would be around USD 45 billion in the next five years. Very soon a tripartite agreement between Bharat Electronics, National Physical Oceanographic Laboratory (NPOL) and Keltron would be inked for development of varous defence systems, he said. There were vast opportunities for Kerala based industries to contribute to the growth in defence market, Pillai said, adding, the state had Titanium reserves of about 7.5 lakh tonnes which can be mined. With an investment of Rs 4500 crore, and production target of 10,000 tonnes per year, a company could post an annual turnover of around Rs 5,000 crore, he said. Col Manoj Nair, Director, Army Aviation, said the Army aviation has a sizeable fleet of helicopters and a host of aircraft spares are required ranging from low technology items to high cost items procured from abroad and vendors from within the country. There was ample opportunities for industries in Kerala to step into this growing market, he said. Only 30 per cent of defence requirements are presently procured indigenously.
Source: Press Trust of India Related Links BrahMos Aerospace Launch Pad at Space-Travel.com
Greenbelt MD (SPX) Feb 26, 2009NASA's Rick Obenschain, deputy director at NASA's Goddard Space Flight Center in Greenbelt, Md., will lead the investigation board for the unsuccessful launch of the Orbiting Carbon Observatory on Feb. 24. |
. |
|
| The content herein, unless otherwise known to be public domain, are Copyright Space.TV Corporation. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space.TV Corp on any Web page published or hosted by Space.TV Corp. Privacy Statement |