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Wednesday, May 09, 2012

Missile tech may open up Rs 1,00,000 crore market for India

[Agni V]The missile technology has a scope of creating a Rs 1,00,000-crore market for the Indian private sector, said scientists and top defence officials involved in the Agni V project.

If the missile technology, wherein India has proved its mettle, was backed by an advanced aircraft manufacturing ability, they claimed it could be provide a Rs 2,00,000 crore market to the private sector.

The people, who spoke include DRDO director general scientific advisor to the defence minister V.K. Saraswat, chief controller for R&D (missiles and strategic systems) and Agni progra-mme director Avinash Cha-nder and six other scientists, who were honoured by FICCI on Monday.

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