The defence services consume roughly Rs 2.29 lakh crore of the Central Government Budget, or nearly 2.5 percent of GDP and 13 percent of all Central Government spending. India is also attempting to strengthen its indigenous manufacturing capabilities, with a particular focus on expanding the product range of defence equipment that it can produce locally and thereby lowering its reliance on defence imports. With this, the overall quantum of A&D procurement from India has increased. However, the defence industry still faces challenges around long gestation time, limited home-grown talent, poor design capability in critical technologies, inadequate investment in R&D and also the inability to manufacture major subsystems and components.
Understanding these acute challenges, KVR Solutions, a reputed consulting firm, specializes in rendering quality advice to private industry, start-ups, MSMEs, public sector undertakings, academia and foreign collaborators specifically for making in-roads into the Indian defence sector. It brings unparalleled experience in industries related to Aerospace and Defence procurement across Army, Air Force and Navy, and also undertaking projects for the paramilitary organisations under the MHA. KVR Solutions has a well-established track record of advising the government as well as most of the leading global and Indian original equipment manufacturers and other stakeholders of the A&D supply chain.
“We carry out extensive market surveys to widen our industrial support base, identify Govt sponsored programs in newly launched Defence Industrial Corridors and provide economised all-encompassing solutions to our clients from identifying the product, its manufacturing, infrastructures, warehousing and its ingestion into the defence sector. The government policy of promoting self-reliance, indigenization, technology up gradation and achieving economies of scale and developing capabilities for exports in the Defense sector are our domain specialisation and is well understood by us,” says Shashank Kaushal, CEO at KVR Solutions.
Offering a Gamut of Consulting Services
KVR Solutions provides consulting services across wide ranging projects to cover the entire gamut of the public procurement industry and include undertaking R&D projects by start-up enterprises. The company’s specialization includes public procurement process including registrations and compliances, offset advisory and implementation support, bid management, programme management, industrial licensing support, foreign direct investment assistance, market research and entry strategy, supply chain management, digital transformation to name a few.
“We at KVR Solutions have a robust and integrated approach in providing valuable quality services to our clients – recognising the unique opportunities provided to them in the Indian Aerospace and Defence sector to include paramilitary organisations. We have an extensive team of specialists comprising policy experts, personnel who were formerly with the Indian armed forces, defence procurement and programme development along with subject matter experts in varied fields including R&D organisations and academia and various defence think tanks. Our team is complemented by a strong international network of global defence teams, working in tandem with each other,” highlights Shashank.
Further, as most of the new players who want to enter into the defence sector do not understand the defence ecosystem and the entry strategy, KVR Solutions also support them with constant updated opportunities and the process expertise including the trials and other document requirements for submission of bids and more.
“We at KVR are focussed towards Make in India and Indigenisation of products based on positive lists issued by MoD. We prepare our roadmap for each client and keep our analysis ready using our senior advisors to be able to give a realistic picture to clients” concludes Shashank.
KVR Solutions in its limited time has created a niche by conducting trials, introducing clients to defence manufacturing and supply and creating a team of startups under it for mentoring and guidance. Many technical collaborations have also been executed by KVR Solutions to bring together the advanced solutions to Indian startup ecosystem. KVR Solutions has been a key player in Uttarakhand for Faculty Development in Startup ecosystem to empower the faculty of technical and management institutes to encourage entrepreneurs.
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