16, Dec 2023
HFCL Takes the Lead: Unveiling a New Era in Defence Tech with Cutting-Edge Radars
Bengaluru, 16 December 2023: In a notable development, HFCL Limited (HFCL), a technology enterprise in India and provider of state-of-the-art telecommunication products and solutions, is poised to transform its impact in the defence sector. This transformation involves a strategic focus on radar technologies to fulfil the critical Information, Surveillance, and Reconnaissance (ISR) needs of Defence and Security Forces. The deployment of these cutting-edge radar technologies offers unparalleled advantages and showcases versatile applications across multiple sectors, underscoring HFCL’s unwavering dedication to innovation and excellence in the defence industry.
In its initial offering, HFCL through its 90% owned subsidiary, Raddef Private Limited, an R&D enterprise specialising in cutting-edge radars and RF solutions, has designed a range of Surveillance Radars catered to meet diverse operational needs. These radars employ Frequency Modulated Continuous Wave (FMCW) technology offering numerous advantages over other radar technologies, including high accuracy, low power consumption, and resistance to interference.
Apart from the application of ground surveillance for border and parametric security, FMCW radars offer a wide range of applications, from weather radar to navigation systems. Their unique capability to simultaneously measure distance and velocity positions them as essential technology for various modern applications. With diverse variants catering to specific operational requirements, these surveillance radars are exceptionally versatile, portable, and deployable across challenging and hostile terrains.
HFCL is also actively engaged in the development of a state-of-the-art Drone Detection Radar, poised to be an important component of modern drone detection systems. HFCL’s ongoing cutting-edge research and development initiatives extend to a diverse range of radar technologies. These include Doppler Weather Radars, Threat Emulators, LTE-based Passive Radars, Fog and Foliage Penetration Radars, Coastal Surveillance Radars, Avalanche Detection Radars, Altimeters, and more. These innovative radar systems, spanning various technologies, play a pivotal role in meeting the operational and functional needs of users across diverse sectors and domains.
The worldwide market for surveillance Radars is expected to reach to USD 12 billion per annum by 2030 from the current market size of USD 6.87 billion per annum.
Mr. Mahendra Nahata, Managing Director, HFCL said, “We embark on a transformative journey, driven by a vision to fortify national security and innovation. Our foray into ground surveillance radars, drone detection radars, and a spectrum of advanced radar solutions reflects our commitment to empowering defence and security forces with cutting-edge technology. These radars, with their diverse applications across sectors, symbolize our dedication to safeguarding the present and shaping a secure future for our nation. Our strategic investment of 90% in Raddef Private Limited underscore HFCL’s commitment to fostering Make-in-India technology, solidifying our position as a trusted partner in the defence communication domain.”
India accounts for 3.7% of global military spending, making it the third-highest military spender in the world after the U.S. and China. This makes it to be a huge opportunity for HFCL to contribute and lead with innovation in the Indian Defence tech space. In alignment with the Government’s Make in India Policy, HFCL is proud to contribute in helping the Country modernise its military capabilities, through its indigenous defence tech innovations.
- 0
- By Rabindra
25, Nov 2023
Leaders for India Organization (LIO) builds a community of 100 dynamic entrepreneurs
Hyderabad, 25th November 2023- Leaders for India Organization (LIO) is a member-only community that unites business leaders, entrepreneurs, and angel investors by harnessing their collective resources to drive mutual growth. The Leaders for India Organization was started by the dynamic entrepreneur Mohnish Yerra in 2022. In just 18 months, LIO has secured a membership exceeding 100 business leaders with a combined net worth of Rs. 25,000 Crores.
LIO has an investment portfolio exceeding Rs. 20 crores in 16 diverse business opportunities across various sectors, including FinTech, EdTech, and Defence Tech. LIO also manages an AUM of 9.05 crore for its members in financial instruments including hedge funds and bonds. To diversify the portfolio, LIO forayed into the lucrative real estate sector by allocating Rs.18 crore towards real estate investments. It has firmly positioned itself as a trusted partner for wealth creation, extending financial support. LIO not only injects capital but also nurtures budding concepts into thriving enterprises.
Leaders for India Organization (LIO) acts as a business accelerator and startup incubation platform, offering personalized one-on-one support based on unique professional needs and aspirations through effective networking and mentorship. LIO is a holistic consultancy firm that epitomizes the motto ‘Invest, Innovate, Impact,’ with a steadfast commitment to nurturing the ambitions of emerging entrepreneurs, serving as their extended team.
As its tagline suggests, LIO is ‘The Trusted Partner in Your Wealth Creation Journey.’ The organization provides personalized support, functioning as a Business Accelerator, Financial Advisor, Startup Incubator, and Technology Consultant, ensuring entrepreneurs receive tailored guidance for success. LIO has curated diverse platforms catering to startup needs. ‘LIO Business Shower’ is a standout initiative enabling idea presentations, investment acquisition, and market exploration for emerging businesses.
In addition to this platform, we host ‘Green Pitch’ and ‘Powerplay’ as distinctive forms of business showers. ‘Green Pitch’ and ‘Powerplay’ are monthly events where startups pitch their innovative ideas, seeking investments or avenues to enter new markets. These dynamic forums provide passionate startups with opportunities crucial for their growth.
Furthermore, ‘LIO Day’ offers personalized sessions, assessing and refining investment plans while facilitating collaboration among members. Additionally, LIO orchestrates recreational events, fostering relaxation and serving as a fruitful networking avenue for its members.
Speaking about the achievement Mr. Mohnish Yerra, Founder and CEO, Leaders for India Organization said, “At LIO we strive to redefine the way financial services are delivered to the business community and revolutionize the way networking operates. LIO is a member-only community that aims to usher in a new era by bridging the gap between Business Owners, Entrepreneurs, and Angel Investors across the country by untapping the financial and technical resources and leveraging them for mutual growth.
LIO is a community of Industry Leaders and entrepreneurs with a willingness to grow self-business or invest in startups. It is a dynamic ecosystem and interconnected business network that brings industry leaders together for mutual advancement. With the guiding principle of ‘Invest, Innovate, Impact,’ LIO serves as a steadfast partner in your wealth creation journey, committed to empowering a diverse community of members. We offer investment opportunities to our members that are validated by an expert investment committee ensuring the best, verified opportunities are available to our members.”
Leaders for India Organization solidifies its position as a thought leader through strategic collaborations with institutions like T-Hub, IIIT-Hyderabad, ISB Hyderabad, and the Indian Startup Festival, influencing and shaping the entrepreneurial landscape.
