Zen Technologies, located in Hyderabad, has achieved an important breakthrough in the overseas market by landing a?42 crore contract for advanced defense simulators. This noteworthy accomplishment follows a 100 crore order from the Ministry of Defence for the company's superior tank training system in October.
Mr. Atluri, Managing Director of Zen Technologies, expressed optimism about the company's future development potential in response to the current export order. He expects the deal to be completed over the next 18 months, adding to the company's strong order book position of about Rs. 1500 crore. Notably, exports account for more over 400 crore of this amount, demonstrating the company's expanding global reach.
The Indian government accounts for the majority of Zen Technologies' domestic orders, demonstrating the company's strong reputation and skill in providing innovative defense training solutions. Atluri underscored the company's dedication to innovation as well as its emphasis on offering world-class training solutions to both local and international consumers.
This new export order demonstrates Zen technology' capabilities as well as its ongoing dedication to excellence in defense simulation technology. The success of the corporation is a source of pride for India's defense sector and illustrates the country's rising global competitiveness.
Source : AFI