HCL Tech has reportedly obtained a licence to manufacture defence systems.
The IT giant plans to help fulfill potential orders granted to foreign firms such as Lockheed Martin and Boeing. Indeed, companies investing over Rs 300 crore in a defence project are required to source 30 per cent of the business from India itself. As IT Examiner previously reported, New Delhi expects to generate approximately $30 billion in lucrative offset opportunities.
HCL has already formed a strategic partnership with Circor Aerospace to provide the latter with R&D, engineering and IT services.
According to Scott Kunkler of Circor, HCL offers "value-added engineering and IT transformation services that enable us to focus on our mission of providing high-end value-centric solutions and services for critical aerospace and defence applications."
It should be noted that HCL was the first Indian IT firm to obtain AS9100 certification. In addition, the company maintains a dedicated aersopace business that supplies components to avionics entities, airframe manufacturers, systems integrators and Tier 1 suppliers. X
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