New Delhi:Israel’s state-owned defence company, the Israel Aerospace Industries, will identify those Indian startups in the defence and aerospace sector that would seek to offer solutions to the challenges posed by the ministry of defence, and will support them with technical know-how and experience of the Israeli defence giant, a senior official told ETV Bharat.
In an exclusive interaction with ETV Bharat, Danny Lauber, Chief Executive Officer of Aerospace Services India, a wholly owned subsidiary of Israel Aerospace Industries, said the company would support Indian startups in defence and aerospace sectors in developing new solutions for the ministry of defence.
“One of the programmes I am planning to establish is for startups and entrepreneurs, seeking to provide solutions through the MoD’s list of challenges. MoD’s list of challenges is available,” said Danny Lauber. He said the IAI will select several candidates, several startups and other entrepreneurs to help them in the process of introducing their solutions.
“We will help them with our experience, capability and resources. Certainly, this is one of the key goals of ASI to become part of the community in India,” Lauber told ETV Bharat. “We don’t want to be just one of the foreign countries working in India. We want to be an integral part of Indian culture, Indian economy and Indian community.”
About a question about regular interaction with the Indian startup community, he said that the Israeli defence company is certainly planning to do this in the near term. He, however, refused to share the outlay for the startup support programme at this stage. "I don’t think it’s only about the budget and financial support. It is more about the know-how, the experience. With the might of the IAI, we can have many things besides financial support," he said.
Israel Aerospace Industries works closely with the Indian defence establishment, including the Defence Research and Development Organization and the Indian military among others. IAI has helped the country in the development of several high-end defence technologies, including cooperation in India’s missile programme.
Recently, IAI set up a wholly owned subsidiary Aerospace Services India to provide maintenance support services to the Indian military with regard to the newly inducted Medium Range Surface to Air Missile (MRSAM).
Indian engineers in high demand in defence sector
Danny Lauber said the company has been focused on recruiting human capital and it has already recruited dozens of local engineers, and local talent and it is certainly planning to continue with the recruitment. “The biggest evidence that I have seen here is that it is amazing the kind of human capital present here in India, highly educated, highly talented, highly experienced, highly motivated and that is really heart-warming for us, an encouraging sign as one of the most difficult thing to develop is the human capital,” he said. “You can build infrastructure, you can build offices and factories but without human capital, you don’t have much.”