Keysight Technologies, the Santa Rosa, California-based major known for its test and measurements products and solutions, is upbeat on the country's rapidly growing aerospace and defence sectors and is eyeing the entire testing space in a solutions based approach.
Interacting with Business Line, Sudhr Tangri, Country General Manager and Vice President and Sandeep Kapoor, Country Head, Marketing and Business Development, said the defence and aerospace market is set to rapidly grow as the country pushes for the Make in India programme.
“As a company, we have be known for our testing products, services and solutions. Now we are seeking to provide end to end solutions based approach right from design, development and testing,” Tangri said on the sidelines of Aerospace and Defence event, the company hosted with its business associates and customers.
With over three decades in India, the $2.9-billion company sees defence and space as two big opportunities. “With a large number of defence and space establishments in Hyderabad and Bengaluru, we have been engaged with a number of organisations and agencies working with them right from early stages of product development till its completion,” Kapoor said.
“We believe India is poised for a rapid growth and the market for defence and space will only get bigger by each passing year. Typically, defence and space related engagements are long term and the product development cycle also takes few years. This presents a major opportunity for a solutions company to work on such engagements,” Tangri said.
With a big research and development centre in Manesar that has more than 700 associates, sales offices in Hyderabad, Bengaluru, Delhi, Mumbai and over a dozen channel partners, the company is consolidating its presence in India.
Within the defence and space segments, a number of private companies have been offering technology, solutions and products. And all of them need to conform to standards where testing becomes a key component, Tangri said.
The nature and scope of engagements is also getting bigger covering not just defence, but also surveillance, intelligence and signalling.
In addition to defence and aerospace, communications testing is one big opportunity. With a number of manufacturers taking to manufacturing mobile phones, the opportunity for testing in electronics and communications too is set to get bigger, Kapoor explained.
Quoting reports, Kapoor said defence electronic is projected to be a $72 billion industry by the year 2029, which will provide immense opportunities for testing and measurement.