By Dr Anantha Krishnan M
Hyderabad, Feb 12: Much before Prime Minister Narendra Modi shaped the Make in India campaign module, Cyient Limited, an engineering, data analytics, networks and operations solutions company, headquartered in Hyderabad, had probably gone some distance in realizing his dreams. With 35 per cent of the revenue already coming from aerospace engineering, Cyient has set its eye to become a leader in aircraft engine systems and sub-systems.
In an exclusive interview to OneIndia, during a recent visit to Cyient facilities in Hyderabad, B V R Mohan Reddy, Founder and Executive Chairman, said: “Cyient has the capability to partner with government-owned defence companies in India. But we need better systems in place to inspire the private sector. We need to rationalize the process we have. The Defence Procurement Procedure (DPP) needs change,” Reddy said, who is also the Vice Chairman of NASSCOM.
* DPP needs change
* Cyient Factometer
(Make in India Watch #MI2Watch is a series on OneIndia focusing on the aerospace and defence might of India’s private and domestic industries. It will also capture the voices of leaders spearheading various projects.)
Read the full report on OneIndia, here: http://bit.ly/1zaK8cV