thales: Thales seeks to provide cybersecurity solutions to Indian armed forces | India News
Thales Group Chairman and CEO Patrice Caine said the company plans to expand its global presence in India, particularly in areas of emerging technologies that will be crucial for the armed forces.
The Indian Army, Navy and Indian Air Force have focused on acquiring futuristic technologies such as nanotechnology, quantum computing, artificial intelligence, swarm drones and robotic technologies for face future security challenges.
Caine said Thales Group aims to expand its global presence in India in a number of segments, including cybersecurity, artificial intelligence and digital solutions.
“We also plan to provide key equipment and systems to help increase our level of involvement in defense technology sharing with the Indian defense sector in the area of ââsonar, radar and other platforms. forms, âhe told PTI.
However, he declined to share details. Caine said the defense manufacturing sector in India is moving in the right direction thanks to a series of government policy initiatives and that Thales would like to be a key partner for the country in its quest to become a key platform producer. and military solutions.
âWe are totally determined to help India develop its defense production under the Make in India initiative by producing equipment either by ourselves or with our partners. India has a good talent pool to develop cybersecurity solutions, AI applications and big data. analytical, âhe said.
India is expected to spend nearly $ 300 billion over the next five years on defense equipment purchases and almost every major global defense company is considering a share.
The CEO of Thales also said the company is considering entering into joint ventures with a number of Indian companies for a range of military products and solutions, but declined to share details.
He said India is now seen as a key country for sourcing various raw materials for the company’s global production chain and will double its purchases from the country over the next five years.
âIndia is now a key and reliable country in our global supply chain,â he said.
Thales is one of the French companies which supplied the key components of the Rafale aircraft purchased by India.
As part of Thales’s compensation commitments under the Rafale agreement, the company helped Bharat Electronics Ltd (BEL) to produce modules for the RBE2 radar.
Thales has supplied avionics and other equipment to state-owned aerospace giant Hindustan Aeronautics Limited for more than four decades and is involved in the supply of equipment for various other key military projects.
Present in India since 1953, Thales has offices in New Delhi, Gurgaon, Hyderabad, Bengaluru, Chennai and Mumbai, among others. More than 600 employees work with Thales and its joint ventures in India.
Caine also praised India’s reform measures to boost defense manufacturing.
The government has launched a series of measures over the past two years to encourage the domestic defense industry.
In August last year, it was announced that India would stop importing 101 weapons and military platforms such as transport planes, light combat helicopters, conventional submarines, cruise missiles. and sonar systems by 2024.
A second negative list, imposing import restrictions on 108 weapons and military systems such as next-generation corvettes, airborne early warning systems, tank engines and radars, was released recently.
In May of last year, the government announced the increase of the FDI limit from 49 percent to 74 percent under the automatic channel in the defense sector.
The government focused on reducing dependence on imported military platforms and decided to support national defense manufacturing.
The Defense Ministry set a target of $ 25 billion (Rs 1.75 lakh crore) turnover in defense manufacturing by 2025, which included an export target of 5 billion dollars (Rs 35,000 crore) of military equipment.