Jim Roche, deputy CEO of Pilatus Aircraft, explains how the Swiss company expects to expand its presence in both defense and general aviation markets in India, in an interview with AW&ST Contributing Editor Jay Menon. AW&ST: What are the short- and long-term business plans for Pilatus in India?
As efforts to strengthen India's defense-industrial base have fallen far short of the country's self-reliance target, the military is continuing to look abroad for its defense hardware. That is encouraging to international equipment manufacturers from the U.S., Russia, France, Israel, the U.K. and Germany, which have been establishing relationships in India to sell aircraft, tanks, howitzers, unmanned aerial vehicles, combat vehicles, missiles, infantry weapons, submarines and support equipment.
NEW DELHI — With general elections expected before May, corruption scandals over high-profile defense deals, and a deflated rupee, Indian Defense Minister A.K. Antony, who has cultivated an image of integrity, has taken a go-slow approach on vitally needed military equipment projects.