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Frost & Sullivan Hosts Event in London on Market Growth Opportunities in the Indian Defence Industry - The Indian Armed Forcesí forthcoming modernization program will make India the Asia Pacific regionís second highest defence spender within the next five years, and the seventh largest globally by 2016
Frost & Sullivan Hosts Event in London on Market Growth Opportunities in the Indian Defence Industry

 

PRZOOM - /newswire/ - London, United Kingdom, 2008/05/15 - The Indian Armed Forcesí forthcoming modernization program will make India the Asia Pacific regionís second highest defence spender within the next five years, and the seventh largest globally by 2016.

   
 
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This year, Frost & Sullivanís Aerospace & Defence Practice has organised the ďMarket Growth Opportunities in the Indian Defence IndustryĒ seminar, a semi formal evening briefing to discuss the enormous business opportunities within the Indian Defence Industry and particularly within the Indian Armed Forces. Frost & Sullivan expects that the total spending for the Indian defence market will reach US$ 36.2 billion by 2013. The total opportunities for procurement are forecasted to reach over US$100 Billion by 2022, including the MRO market, while the offset potential during the forecast period is expected to reach US$ 10 Billion by 2013.

This is an exciting and interactive environment where Frost & Sullivan brings high- profile representatives from organisations such as Raytheon, EADS, Lockheed Martin, Thales, QinetiQ, General Dynamics, SAAB, RBS, GE, to meet top-level institutional representatives such as the United Kingdom Trade & Investment, Defence and Naval Advisers from the High Commission of India and many more. Defence industry strategic experts from India and the UK will present an insight into future procurement plans within the Indian Defence sector and opportunities for British and European companies to invest in the Indian defence procurement business in the short, medium and long term. Keynote speakers are Commodore AJ Singh, Naval Adviser, High Commission of India; Dr Pracheesh Mathur, MD, Raytheon / India; and Malcolm Haworth - Operations Director, UKTI Defence & Security Organisation. Frost & Sullivanís specialists are Lt Col (Retíd) Ratan Srivastava, Director, Aerospace & Defence, Frost & Sullivan, India and Sarwant Singh, Practice Director & Partner, Aerospace & Defence, Frost & Sullivan, London.

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's TEAM Research, Growth Consulting and Growth Team Membership empower clients to create a growth focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents.

Contact:
Andrew Thorndyke
Aerospace & Defense Practice, Frost & Sullivan
Andrew.thorndyke[.]frost.com.
T: +44 (0) 1865 398645
F: +44 (0) 1865 398601

 
 
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Frost & Sullivan Hosts Event in London on Market Growth Opportunities in the Indian Defence Industry

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Contact: Anna Anlauft 
+49 (0)69 770 33 12 anna.anlauft[.]frost.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

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