The India-US civilian nuclear deal promises to open up the floodgates for India’s fledgling avionics and embedded software industry with industry captains expecting easing of trade restrictions on a host of “dual-use” technologies. “India and the US are already cooperating in technology and research and development,” said a member of the India-US CEO Forum.
The India-US High Technology Cooperation Group, set up in 2002, has identified defence and strategic trade, information technology, nanotechnology and biotechnology as the key areas of cooperation. Dual-use technology refers to sensitive technologies that can be used both for military as well as civilian use. Currently, there are restrictions on import of these technologies by Indian companies in the absence of a defined trade protocol of these technologies between the two countries.
India Inc believes the civilian nuclear deal would hasten the process of easing import restrictions and ensures access to high technology equipment from defence to avionics to engineering components and systems.
“We’ve been preparing for this for the last two years,” Amit Kalyani, executive director, Bharat Forge told Hindustan Times. “We are capable of making critical steel required for such high technology components.” Bharat Forge is actively pursuing new growth and high technology areas such as aerospace and marine, he said.
An official from a leading aircraft manufacturer said the deal is between governments and would not have an immediate bearing on its business that it has with Indian companies.
Tata Consultancy Services has tied up with Swedish aircraft maker Saab for Aerospace Design and Development Center in India. The centre will cater to the global aeronautical will be a single source of design and development capabilities in India. It will address the domestic and the global defence and civil aeronautical applications.
“This partnership is built to address the growing opportunities in the aerospace and defence sector,” said S Ramadorai, managing director, TCS.