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Aerospace and Defence Consultants in India is on a rise due to many reasons. The first and foremost is that India has emerged as one of the fastest-growing economies in the world today. It is projecting huge growth in its defence industry and has made deep inroads in the U.S, European and Japanese markets. With Indian companies like Hindustan Shipyard Limited and shipbuilder Bhagwati Shipyard mushrooming in the neighbouring parts of China, it is not difficult for American, Japanese or European clients to get their supplies from India. This makes the Indian market an attractive one for aerospace and defence contracts.
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Aerospace and Defence Consultants in India Aerospace and Defence Consultants in India is on a rise due to many reasons. The first and foremost is that India has emerged as one of the fastest growing economies in the world today. It is projecting huge growth in its defence industry and has made deep inroads in the U.S, European and Japanese markets. With Indian companies like Hindustan Shipyard Limited and ship builder Bhagwati Shipyard mushrooming in the neighbouring parts of China, it is not difficult for American, Japanese or European clients to get their supplies from India. This makes the Indian market an attractive one for aerospace and defence contracts. Secondly, India's strategic location has been one of the main reasons that have made it one of the most lucrative markets for aviation and defence contracts. Unlike other countries, where the government is weak and/or struggling to maintain the budgetary balance, in India the air force, navy and Army are armed with state-of-the-art equipment and technology. In fact, there are some sophisticated UAVs (unmanned aerial vehicles) in India which can take on the roles of tanker, reconnaissance aircraft, weather monitoring and delivery cargo. This is in addition to sophisticated radars, sensors and gantries used for defence applications. There are no major challenges for the American and European consultancy firms as far as cost cutting is concerned in India. But this does not mean that all is smooth sailing for the American and European companies in India. Some of the biggest and most prominent defence companies in India like Bajaj, Agusta, Vikrant, HAL and Tatra are facing stiff competition from the Chinese companies. These companies have been outsourcing their requirements to India for decades now. In fact, they have established their presence in nearshore areas as well. All these factors have reduced the importance of strategic location in India as far as the procurement of defence contracts is concerned. In a situation where one offshore contract manufacturer is dominating the entire market, other contractors will tend to adopt a wait and watch strategy. They will realize that the sole reason why their firm is growing quickly in India is because it has been providing the best quality defence contracts to its clients. They have also developed strategic alliances with the requisite subcontractors. The likelihood of such alliances drying up in the foreseeable future is remote. The only way such companies can survive is if they develop a strategy to focus on a few core contracts and gradually move out of the region. It is not wrong to say that Indian aerospace and defence consultants have become a necessity. The services provided by these consultants will not come cheap. But at the same SolutionBuggy Page 1
Aerospace and Defence Consultants in India time, the benefits of such a service cannot be ignored. It is not possible for any defence manufacturer to provide a comprehensive solution to its customers within a stipulated budget. This is where Indian firms are different. By developing their own expertise in various fields, they have ensured that their own capabilities stand apart and they are not left behind by their counterparts in foreign countries. It is not wrong to say that the rapid rise of Indian firms working in the aerospace and defence industry has significantly changed the scenario. Nowadays, defence procurement in India is done at par with the cost of the American counterparts. Moreover, Indian aerospace and defence consultants are efficient enough to deliver their services within the stipulated timelines. It is their expertise and experience, which have helped them deliver state of the art systems and technologies. These technologies help them cut down cost and improve their operations. If you are planning to enter into the aerospace and defence industry and looking for experts who can provide you aerospace and defence consulting, then register with SolutionBuggy and get access to trusted and verified aerospace consultant. Our aerospace consultants help you easily start your manufacturing industry and grow. Company name: SolutionBuggy Email-Id: sales@solutionbuggy.com Mobile no: +916360553113 Website: https://www.solutionbuggy.com/sb/aerospace-consultant.html SolutionBuggy Page 2
