5 Great Reasons Why Armored Vehicles of India are set to dominate Global Defence Market
The current geo political situations in the world and increasing trend of world leaders to resolve differences through aggression is setting an unprecedented record. These wars are diverting the resources of countries involved at a time when they require them for their own internal growth. The world is also witnessing a silent transformation of its defence industry where until recently big brands of developed nations dominated the market with near monopolistic hold however now India is being seen as a front leader in export of defence hardware with price tags much lower to the big global giants with a far better quality and after sale service. In this article we would discuss as to why the armored vehicles supplied by Indian OEMs are set to dominate the global defence market.
Operational Experience
The experience of Indian defence industry comes from hands on experience of facing internal disturbances where these vehicles have been extensively used and evolved with time spread across multiple decades. Such operational requirements has evolved the India Armored Vehicles market to a stage where it can effectively understand the user requirement and offer products that can meet the demanding ground requirements.
Home grown and emerging automotive Industry
The Indian automotive industry is one of the world’s largest. The selection of the base platform for vehicle armoring is a very critical decision that depends entirely on the user requirements, generally the vehicle armoring companies of the world are completely dependent on the vehicle manufacturers for this requirement. Contrarily the most of the Indian vehicle armoring companies are also the leading vehicle manufacturing companies which not only caters for the Indian market but also for markets across the world. The capability of Indian automotive industry spreads across passenger, light goods and heavy commercial vehicles, this makes Indian Armor vehicle manufacturers capable of armoring every category of vehicle depending on the requirement of the customer.
Access to home grown resources
Indian has a versatile and diverse geographical landscape having all the minerals and resources required to manufacture armored vehicles and related products. This single factor places India at a very dominating position, which if effectively used can make India the leading supplier of such products to the world market.
Availability of cheap labour
The costliest resource that goes into manufacture of the armored vehicles for big defence giants was the cost of manpower due to the limited availability of skilled workforce and depleting population levels. On the contrary India has become the country with the largest population in the world which is a blessing in a certain way. There is an abundance of availability of skilled manpower which costs much cheaper than any other part of the world. This has a direct bearing on the cost of armored vehicles that would be manufactured by Indian OEMs.
Favourable Government regulations
The export of defence hardware has become a priority in India, facilitating the ease of exports of defence products. Increasing Indian Armored vehicle manufacturers are catering for growing demands of the world defence market.
Conclusion
History of global automobile industry has shown that how this industry drifted from elite few to present democratic form. The armored vehicle industry has also taken the same route which until now was under the gambit of elite few global defence giants with complete monopoly of market and price, now the time has come to democratize this market also and Indian Armoring companies are leading this change, and this new landscape is poised to bring the true potential of the global armored vehicle industry which is most beneficial for the customer. If you wish to enquire about Indian armored vehicle products, please contact us, we would direct you to the company which shall meet your requirement in the best possible way.