Being the third largest military spender in the world, India has rapidly ramped up its defence equipment manufacturing capability. Aerospace and Defence sector has become a focus area for the `Make in India' programme and there is major push from the government for indigenous manufacturing. Seeing its rapid development, we have focused on this market in this special issue. The cover story of this issue features Iyappan Engineering Industries which specializes in manufacturing of precision hydraulic assemblies. Iyappan Engineering Industries has been catering to rail, power, and automobile sectors. Precision hydraulic assemblies and electro mechanical parts are the focus of the company's production of import substitution goods for the power and defence industries. Understanding the needs of the contemporary industrial ecosystem, Iyappan Engineering Industries has evolved from a conventional family-owned SME to a process driven company. Also featuring in the issue is Counter Measures Technologies which is one of the companies in this segment that is licensed to manufacture of small arms & ammunition and has established itself as a premium quality product provider. The company manufactures Pistols, Assault Rifles, Sniper Rifles, Medium Machine Guns & 'Light Guns' of every caliber that fall under small arms segment. CMT has set-up two main divisions at Joint Task Facility, comprising a Battle Arms Division, a division responsible for manufacture & proof test of small arms and ammunition and NavalWarfare Division, a division that is responsible for design, development and manufacture of Special Purpose Crafts (Midget Submarines) for Naval Special Operational Forces of the Indian Navy. Reading on you will find more such stories.
In addition, the issue also acquaints you with the other top companies in this field. After studying the industry landscape in-depth, we have zeroed in on the top 10 companies that have excelled in this domain with their meticulous approach. Having proven their dedication to efficiency in order to meet the customer expectations in an end-to-end manner, these companies have stood out from the crowd.
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