The Defence industry in India is growing by leaps and bounds. India is the 10th largest Defence spender in the world. Indian government would like to enhance and develop the defence procurement process by using offsets policy, Transfer of technology, FDI (Foreign Direct Investment) etc. 70% of our defence requirements are met through imports but aims to reverse this situation and manufacture 70 per cent of its defence equipment in India. Defence budget of India is 2.17% of its GDP. The latest defence budget has witnessed an increase of 17%. Annual Defence Budget India: USD 40.44 Billion for the year 2012-13.
SEMCO as one of the emerging service provider in the defence sector .Our main object is to provide marketing services including Pre and after sales service to foreign Original equipment manufacturer (OEM) for small arms, ammunitions, arms spare parts, components, accessories as required by the defence of govt. of India
Major products which we deals in: Small arms, Weapons sights, Ammunitions. Area of operations covered: Law enforcement, Para Military forces, Defence. We act as a consultant to the OEM and assist in finding the eligible Indian offset partners. We also provide communication service to OEM, Assist in preparation of technical & commercial offers for tenders & assist in conducting research in the related area etc.
For further information please contact
- Mr. N. K. Singal: nks@semco-india.com
- Col (Retd) Gautam Sethi: g.sethi@semcoindia.com
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