Self-reliance on defence electronics manufacturing to cut down procurement cost: HFCL

NEW DELHI: Imports volume in the defense electronics sector is high which could be brought down significantly once industry achieves Atmanirbharat or self-reliance that would eventually reduce procurement cost on state exchequer, a top executive of the homegrown company said.

“Share of imports in electronics is so high in defence. The more manufacturing we do in India, the defence import bill will go down and it will be much cheaper for the country,” Mahendra Nahata, managing director, HFCL Limited said.

Delhi-based company that predominantly manufactures optic-fibre cable, and one of the suppliers of the prestigious Network for Spectrum (NFS) program for the Indian Army. It is also designing software-defined radio (SDR) for the defence sector application.