We believe that our focus on R&D has been critical to the growth of our business. and has improved our ability to address customer requirements effectively. As a result, we are continuously investing in technology, equipment and skilled employees to develop products that improve our customers’ experience. Further, we believe that our focus on strategic areas such as product design, distribution and innovation will drive sustainable growth and maintain a strong pace of design-led product development.
This will also provide us the opportunity to consolidate our position with our customers and increase the share of their supply needs that we fulfil. We are also constantly exploring opportunities to collaborate with leading overseas technology companies around the world, which, among other benefits, allow us to enhance R&D. To further strengthen our innovation ecosystem, we are actively pursuing partnerships and joint ventures with global technology leaders. These collaborations are expected to accelerate the commercialization of new technologies and enhance our ability to address evolving defence electronics requirements.
Our R&D strategy is to maintain a pipeline of both customer-driven and internally initiated innovation. This dual approach enables our Company to: Address the operational needs of defence customers through co-development, Build proprietary technologies that underpin scalable, cost-effective, and high-performance products, Support the government’s indigenisation and self-reliance initiatives, Maintain technological leadership and competitiveness in both domestic and international markets. The R&D function is thus positioned as a core driver of the company’s growth, differentiation, and ability to deliver advanced, indigenous solutions for defence and security applications.
We also intend to increase our product centric R&D by exploring opportunities in designing, engineering and/or manufacturing products such as (a) short range canister launched loitering munitions; (b) jet turbine enabled long range reconnaissance platforms; (c) remote weapon stations for autonomous sentries; and (d) high altitude wind riding balloon platforms for reconnaissance and targeting. We believe that a robust and agile R&D framework, supported by continuous investment and strategic collaborations, will position us to capitalize on new opportunities in the defence electronics industry.
We intend to increase the number of patents and proprietary technologies developed in-house, underscoring our commitment to R&D and enhancing our competitive advantage and long-term growth prospects.
