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To develop simulators worth Rs 6k cr in future: Zen Tech

In an interview to CNBC-TV18, Ashok Atluri, Promoter of Zen Technologies says the company is looking for a 24 percent strategic partnership with a company that could increase the overall value of the company to Indian armed forces.

August 19, 2015 / 15:03 IST
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Zen Technologies will develop land simulators worth Rs 6000 crore and bid orders of Rs 500 crore, says Ashok Atluri, Promoter of Zen Tech.In an interview to CNBC-TV18, Atluri says the company is looking for a 24 percent of strategic partnership with a company to increase Zen's overall value to Indian armed forces.On research and development (R&D), he says Zen looks at these projects opportunistically rather than a percentage of revenue and there would not be any major change in R&D expenses. Watch video for more.

first published: Aug 19, 2015 01:25 pm

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