INDIAN DEFENCE INDUSTRY 2017-18 - …

1 Now Available Report (PDF) Data-set (Excel)India Infrastructure ResearchINDIAN DEFENCE INDUSTRY 2017 -18 Sector Overview and Market Trends; Outlook and Opportunities1. Executive SummarySECTION I: MARKET SIZE, TRENDS AND OUTLOOK2. Sector Overview Existing Infrastructure Gaps Key Agencies Involved and INDUSTRY Structure Key Growth Drivers Recent Developments- Key Policy Developments- New Launches and Upgrades- Indigenisation Initiatives- Bilateral Agreements/MoUs- Key JVs and Collaborations- Key Contract Awards/Acquisitions- New Industrial licences Awarded Issues and Challenges Sector Outlook3. DEFENCE Budget Analysis Key Features of the DEFENCE Budget 2017 -18 Trends in Allocation in the Past Five Years Trends in terms of Revenue and Capital Expenditures Share of DEFENCE Services Budget and Gross Domestic Product Modernisation Budget New Procurement and Liabilities Key features4.

2 DPP 2016 and Strategic Partnership Model DPP 2016 Key Features Recent Amendments to the Procurement Procedure Impact on Capital Procurement under the Buy INDIAN (IDDM) and Make INDIAN Categories Strategic Partnership Model- Key Features- Potential Benefits- Role of Strategic Partners as System Integrators- Role of OEMs Expectations from the Government Key Concerns5. Potential for Private Sector Participation Experience So Far Expected Impact of the Strategic Partnership Policy New JVs and Partnerships Tax Environment and Incentives Emerging Areas of Private Participation Upcoming Opportunities Issues and Challenges Outlook and The Way Forward6. Major Programmes/Acquisitions Future Infantry Combat Vehicle (FICV) Programme Future Ready Combat Vehicle (FRCV) Programme Artillery Modernisation Programme Avro Replacement Programme Procurement of Kamov Helicopters Rafael Fighter Jets Battlefield Management System Tactical Communication System Others- Light Specialist Vehicle Programme- Electronic Warfare System- Integrated Guided Missile Development Program7.

3 R&D Landscape Current Scenario Role of DRDO Trends in R&D Expenditure Recent R&D Initiatives Role of Private Sector in R&D Needs & Requirements Upcoming opportunities8. Role of MSMEs Current Role of MSMEs Policy Support for MSMEs Issues and Challenges The Way in DEFENCE Offsets Experience So Far Impact of the Offset Policy Performance of Key Offset Contracts Upcoming Contracts and Orders Outlook and Opportunities Issues and Challenges10. Trends in DEFENCE Exports and Imports Current Scenario Export Trends Import Trends Export and Import Trends: Year-wise Value Export and Import Trends: YoY Growth Export and Import Trends: Category-wise Value Export and Import Trends - Key Categories Partner Countries Country-wise Key Products/Equipment - Exports Country-wise Key Products/Equipment - Imports Issues and Way Forward11.

4 Future Outlook and Market Opportunities Investment Requirements Budget Projections Acquisition Plans of Armed Forces Opportunities in Future Acquisitions Segment-wise Opportunities- DEFENCE Vehicles- Arms and Ammunitions- Aerospace- Electronics- Shipbuilding- DEFENCE Equipment- Others- Segment OutlookINDIAN DEFENCE INDUSTRY 2017 -18 Table of Contents (draft) SECTION II: SEGMENT OVERVIEW, KEY TRENDS AND MARKETOPPORTUNITIES12. Aerospace Current Status- Overview - Fleet Size Trends in Expenditure Key Contracts Awarded INDUSTRY Structure Key Domestic Players Key International Players Collaborations and Tie-ups R&D Initiatives Make in India Initiative Make in India - States Promoting Manufacturing Investments Focus on Indigenisation Focus on Indigenisation - Requirements of IAF Modernisation Plans ?

5 Ongoing and Completed New Launches Upcoming Contracts and Orders Upcoming Opportunities in Big-ticket Projects Market Opportunities Segment Vehicles, Arms and Ammunitions Current Market Size - Armoured Vehicles Current Market Size - Arms and Ammunition Current Status - Shortage in Fuze and Ammunition Trends in Expenditure - Armoured Vehicles Trends in Expenditure - Arms and Ammunition Key Contracts Awarded INDUSTRY Structure - Armoured Vehicles INDUSTRY Structure - Arms and Ammunition Key Public and Private Players - Armoured Vehicles Heavy/Construction Vehicle Providers - Armoured Vehicles Key Domestic Players - Arms and Ammunition Collaborations and Tie-ups R&D Initiatives Make in India and Focus on Indigenisation - Armoured Vehicles Make in India and Focus on Indigenisation - Arms and Ammunition Modernisaton Plans - Armoured Vehicles Modernisaton Plans - Arms and Ammunition New Launches/Inductions/Upgrades

6 Upcoming Contracts and Orders Market Opportunities Segment Outlook14. DEFENCE Logistics Vehicles Existing Fleet Size Trends in Expenditure Key Contracts Awarded INDUSTRY Structure and Key Players- Key Public and Private Players- Heavy/Construction Vehicle Providers Collaborations and Tie-ups R&D Initiatives Make in India and focus on Indigenisation Modernisation Plans New Launches Upcoming Contracts and Orders Market opportunities Segment Outlook15. Electronics and Communication Systems Current Market Size Trends in Expenditure Key Contracts Awarded INDUSTRY Structure and Players Collaborations and Tie-ups R&D Initiatives Make in India and Focus Indigenisation Modernisation Plans New Strategic Communication Technologies New Launches Upcoming Contracts and Orders Market Opportunities Segment Outlook16.

7 Shipbuilding Existing Fleet Trends in Expenditure Key Contracts Awarded INDUSTRY Structure and Key Players Collaborations and Tie-Ups R&D Initiatives Make in India and Focus on Indigenisation Modernisation Overview and Plans Upcoming Contracts and Orders Market Opportunities Segment OutlookSECTION III: KEY PLAYERS17. Profiles of DEFENCE Public Sector Units (DPSUs) Bharat Dynamics Limited Bharat Electronics Limited Bharat Earth Movers Limited Garden Reach Shipbuilders and Engineers Limited Goa Shipyard Limited Hindustan Aeronautics Limited Hindustan Shipyard Limited Mazagon Dock Limited Mishra Dhatu Nigam Limited18. Ordnance Factory Board Overview Trends in Production and Sales/Supplies Financial Indicators Outsourcing and Vendor Development Key Collaborations R&D Players Overview Airbus Group India Ashok Leyland DEFENCE Systems Bharat Forge Limited BAE Systems India Boeing India Larsen and Toubro (L&T) Dassault Aviation Tata Group Reliance DEFENCE Limited Punj Lloyd Industries Limited Mahindra DEFENCE Systems Other Players (Domestic and Foreign)Released Date: January 4, 2018 | No.

8 Of slides: 383 Table of Contents (draft) INDIAN DEFENCE INDUSTRY 2017 -18 List of TablesProcurement Split Between INDIAN and Foreign VendorsContracts Signed with Foreign Vendors since 2014-15 Key Recent Contracts Awarded in the DEFENCE Sector Licences Issued to DEFENCE Sector in 2016 Key JVs/Tie-ups/Collaborations in the DEFENCE Sector Country-level Deals and Initiatives List of other equipments manufactured by DEFENCE services INDIAN Army's Capital Acquisition Budget INDIAN Navy's Capital Acquisition Budget IAF's Capital Acquisition Budget New Procurement and Committed Liabilities in 2016-17 Features of Various Categories Procurement in Pipeline in Various Categories (2014-2020) Contracts awarded in 2016-17 Key JVs/Tie-ups/Collaborations with Private Players in DEFENCE Sector Recently Awarded Contracts in the Private DEFENCE Segment Upcoming Contracts in the Private DEFENCE SegmentTypes of 155 mm Howitzers pertaining to the INDIAN Army's Artillery ModernisationProgram Value of DRDO-developed Systems Inducted or Under Induction (Rs billion)DRDO Designed Inducted Product in the Services in the Arms and Ammunition Segment DRDO s Expenditure on R&D (Rs billion) Key INDUSTRY Partnerships for DEFENCE R&D Key upcoming projects as of December 2016 Highlights of Revised Offset Policy, 2016 Recent Export ContractsRecent Import Contracts Value of Exports/Imports (Rs billion) DEFENCE Items Exported (2014-15) DEFENCE Items Exported (from 2012-13 to 2015-16*)

9 DEFENCE Items Imported (2014-15)Acquisition Plans of the Armed Forces: INDIAN Army, INDIAN Air Force, INDIAN NavyMajor Ongoing Acquisitions in DEFENCE Sector List of 'Make' Projects: INDIAN Army, INDIAN Navy, INDIAN Air Force Select High Value Upcoming Projects in DEFENCE Sector Procurement in Pipeline in Various Categories (2014-2020) Annual Production Capacity and Ongoing Contracts of HALKey Contracts Awarded in Aerospace Segment Aerospace: Key JVs/Tie-ups/Collaborations Key Indigenisation Achievements in Airborne Systems/Equipment So FarUpcoming Contracts and Orders in Aerospace Segment RFIs and RFPs Issued in the Aerospace Segment Shortfall in meeting the Targets of Fuze and Ammunition over the Last Five Years Key Contracts Awarded in Armoured Vehicles, Arms and Ammunition Segment Annual Accounts of Ordnance Factories Key Players in DEFENCE Vehicles Segment Key Construction Vehicle/Equipment Providers Armoured Vehicles, Arms and Ammunitions.

10 Key JVs/Tie-ups/Collaborations DRDO Designed Inducted Product in the Services in the Arms and Ammunition Segment Indigenisation of Major Platforms by DPSUs Programs of 155mm Howitzers pertaining to the INDIAN Army's Artillery ModernisationProgram Upcoming Contracts in the Armoured Vehicles, Arms and Ammunitions Segment Value of Arms and Ammunition in Land Systems Planned Capital Projects (2012-27)Fleet Size of DEFENCE Logistics Vehicles Recently Awarded Contracts in the DEFENCE Logistics Vehicles Segment Logistics Vehicles Produced by INDIAN Ordnance Factories Key Players in DEFENCE Logistics Vehicles Segment Key Construction Vehicle/Equipment Providers Key JVs/Tie-ups/Collaborations in the DEFENCE Vehicles Segment DEFENCE Logistics Vehicles: Upcoming Contracts and Orders Recently Awarded Contracts in the Electronics Segment Key Players in DEFENCE Vehicles Segment Key JVs/Tie-ups/Collaborations in the Electronics and Communication Segment Electronics and Communication Systems: Key Upcoming Tenders/Orders Electronics and Communication Systems: Key Upcoming Contracts List of Recent Key Naval Acquisition Contracts at Various Award Stages Shipbuilding: Collaborations and Tie-Ups List of Recently Awarded and Upcoming Naval Modernisation Contracts List of Key Upcoming Naval Acquisition Contracts List of RfIs and RfPs (Jan-October 2017 ) Bharat Dynamics Limited (BDL) - Company Overview: Key facts Bharat Electronics Limited (BEL) - Company Overview: Key facts Bharat Earth Movers Limited (BEML) - Overview.