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India : BAE scouts for manufacturing partners in India |
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| Author: idrw team | 9 September 2007 | Views: 415 |
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BY : C.H. Unnikrishnan for Livemint
Less than a year after tying up with India’s Hindustan Aeronautics Ltd for manufacturing its Hawk advanced jet trainer aircraft, HT001, the world’s third largest defence company by sales, BAE Systems SWS Defence AB of Sweden, is now scouting for manufacturing partners in India to make armoured combat vehicles, major and minor calibre naval guns and missile launchers, canisters, artillery systems, and intelligent munitions among others.
According to a senior BAE Systems executive who did not wish to be identified, the company is talking to leading Indian companies such as Tata Power Co. Ltd, Mahindra & Mahindra Ltd, Larsen & Toubro Ltd and a few others to make “these land ammunition and armaments in India under technology licence agreement.”
A Mahindra & Mahindra spokeswoman declined comment; Tata officials could not be reached over the weekend.
A person familiar with the development who did not wish to be identified said the Swedish firm had visited Larsen & Toubro last week as part of a Swedish business delegation currently visiting India.
Mahindra’s defence systems division manufactures vehicles for the Indian Army using its own technology.
Tata Power Company had in December informed the Bombay Stock Exchange (BSE) that the Government of India has issued the company’s Strategic Electronics Division (SED) a licence to be the prime contractor to the ministry of defence for designing, developing, manufacturing, assembling and upgrading mission-critical systems in seven core areas of defence strategic electronics.
In the statement to BSE, Tata SED’s chief executive officer Rahul Chaudhry had said that the licence would create a domestic market worth more than Rs20,000 crore over the next five years, and that the company’s systems design, engineering and testing services would also be targeted at the export market.
In early 2006, Tata Power won orders for the Pinaka multi-barrel rocket launcher System from the Indian Army and the futuristic automatic data handling system for air defence from the Indian Air Force.
“The local partnership will be used for manufacturing armaments for India as it is a major customer for the company. We have initiated talks with a few big players here, but nothing has been finalized,” the BAE executive said.
BAE Systems, which owns the brand Bofors, delivers a range of products and services for air, land and naval forces. With 88,000 employees worldwide, BAE Systems’ sales exceeded £15 billion (Rs1.23 trillion) in 2006.
In December 2006, BAE Systems signed a manufacturing deal with Hindustan Aeronautics to manufacture 42 of its first 66 HT001 Hawk advanced jet trainers for the Indian Air Force.
BAE’s land systems business is made up of six lines of business. |
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Israel eyes Tata rocket launchersSwedish gun-maker Bofors re-enters IndiaHoneywell eyes Indian defence budgetPunj Lloyd eyes Indian Army $1 billion contracts for artilleryL&T eyes $5 billion order from air force’s combat aircraft deal |
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| | Registered: 30 August 2007 | ICQ: -- |
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http://larouchepac.com/news/2007/09/11/larouche-new-milllennium-ours.html
LaRouche: This New Millennium Of Ours!
Increase Decrease
On a Fateful September Weekend:
- THIS NEW MILLENNIUM OF OURS! -
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With the advent of this September 2007, a recent century has died, and a new millennium is born. What an ironically wonderful 85th Birthday has been delivered to me, thus.
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During two decades, twenty years, from the February 1763 Peace of Paris, when the British empire was, in fact, born, until that British East India Company's empire-in-fact conceded the establishment of the United States of America's independence, in 1783, a certain world order of what became a see-saw conflict between those two English-speaking systems, has dominated the decisive strategic elements of the history of this entire planet. This conflict was pivoted, throughout the 1783-2007 interval to date, on the conflict between the system of usury represented by the imperial, London-centered Anglo-Dutch Liberal monetarism, on the one side, and, on the other, the American republican system of sovereign national credit associated with the name of the first U.S. Treasury Secretary, Alexander Hamilton, of the new U.S. constitutional Federal republic.
Now, during the recent weeks, the Anglo-Dutch Liberal monetarist system has been engaged with a process of the self-disintegration of its present world monetarist system of global practice of a rampant, and also virtually rabid form of usury. -------
http://www.larouchepub.com/other/2007/3436fourpower_save_swasia.html
This article appears in the September 14, 2007 issue of Executive Intelligence Review.
Only Four-Power Cooperation
Can Save Southwest Asia
by Jeffrey Steinberg
With Congress about to take up the issue of the Iraq "surge," and the larger issues of U.S. policy toward the Southwest Asia and Persian Gulf regions, Lyndon LaRouche has weighed in with a frank assessment that only a coordinated intervention by Four Powers—the United States, Russia, China, and India—can avert a regional catastrophe, far beyond the current level of disaster.
"The simple fact," LaRouche explained, "is that no combination of regional actors—either Iraqi factions or some combination of Iraq's immediate neighbors—can save the situation from a downward spiral to general asymmetric warfare and worse. It has degenerated that far."
LaRouche stressed the role of the British, who, Washington sources confirm, are pursuing a policy of "managed chaos" in the entire region.------- |
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