Opinion
China is incapable of indigenous tech innovation and relies on IP theft
“Because why these guys are incapable of creating new technologies, Chinese. They have to keep stealing forever from China, from America.”
Opinion
Atluri: Indian private defense needs just 10% of DRDO's budget to succeed
“Even if they give one 10th of the fund that they give to our DRDO, we are on our way.”
Opinion
Atluri: Foreign defense firms deliberately choose passive manufacturers to avoid IP absorption
“Invariably, the foreign guys select people who are very dumb, who will just take the tech and manufacture, not try to understand, absorb it like, you know, the China does. So they don't want to absorb it. They would just want to be the dumbest of the dumbest m…”
Opinion
Atluri: Chinese EVs can be weaponized remotely to cause crashes during war
“I mean, since the software is being sent by China, and if a war happens, I'm going to convert every EV vehicle into a weapon. Go crash into this segment, go crash into that segment.”
Assertion Contradicted
Atluri: Cost-plus contracts led Lockheed and Boeing to launch almost no rockets
“Lockheed and Boeing had a cost plus contract model. And how many rockets flew? Almost no, almost none flew from them. Because if the moment you rocket start flying, the project has to be closed down.”
Prediction Not checkable as stated
Atluri: India can become a global defense leader in five years
“So if that happens, I think India can become a leader in five years. My estimation is a little aggressive, but that government will have to get aggressive and place orders on these guys who have made the product.”
Assertion Not checkable as stated
Atluri: India is number one globally in army simulation technology
“In anti, army simulators, we are number one. Absolutely. There's no doubt about that.”
Assertion Partly supported
Atluri: Parrikar Lifted Tatra Ban to Fix 70% Grounded Military Trucks
“The Tatra trucks, there was one truck, ah, that was being used because they were blacklisted by the, ah, AK Anthony, the defense minister, ah, ah, preceding the, this government. And so he said, because there were some allegations of corruption by that company…”
Assertion Supported
Atluri: Zen's systems neutralized drones during Operation Sindhu
“So in Operation Sindhu, our system, our systems were used, and we effectively blocked the drones from, ah, entering into our space, and we were able to get them down.”
Assertion Supported
Atluri: IDDM Defense Policy Awards Indian IP Owners Single-Vendor Contracts
“So the Mr. Parikar was able to get that IDDM indigenously designed. Developed and manufactured category was created under which if the company has developed the IP, they will be given first preference. And if even if there are a single vendor, the order will b…”
Opinion
Atluri: Zen Technologies cannot be beaten even with $100 million in capital
“Now, if I give you a, you know, a hundred million dollars and say, okay, go compete with Zen, you will return that money and say, I don't want to compete with Zen.”
Prediction Not checkable as stated
India will lead the world in anti-drone systems in 3-4 years
“So, and we have a three to four year plan by which time we will be number one in the world in the anti-adron systems.”
Insight
Three to five years is an optimistic timeline for first defense sales
“In the sense, you start investing three to five years is a very, very optimistic time when the first sale happens.”
Insight
Atluri: Defense Contract Manufacturers Cannot Freely Export and Must Beg for Tech
“If you are just manufacturing for somebody else, they will have to go to the owner and say, boss, can I sell it or not? And again, what happens is, the product evolved, and now it is evolving very fast. Three years later, you'll again go and beg into the door,…”
Assertion Partly supported
Atluri: Arjun MBT and Zorawar tanks are based on Indian-owned IP
“Arjun MPT, Zorawar, all these will be Indian IP owned only, yeah.”
Assertion Supported
India's 45-day government payment policy worked effectively for five years
“During COVID time, they introduced a policy called payment within 45 days. So that really, really worked very strongly in the next, the last four, five years.”
Assertion Supported
Atluri: Indian Embassies and Defense Attachés Actively Market Indigenous Tech Abroad
“Our products are circulated to various embassies throughout the world, and these guys, the different attaches there, they actually go into the other governments and say, listen, this is a product that India has bought, or we have, they have passed the trial, w…”
Assertion Supported
Atluri: Emergency Defense Procurement Takes 18-24 Months Versus 5-6 Years Regularly
“If it's an emergency, we, you know, everything is completed within 24 months, 18 to 24 months. So emergency procurement. The regular procurement may take from the time you start doing the R&D, you know, five to six years”
Assertion Not checkable as stated
Atluri: Apple captures $700 per iPhone from IP while Foxconn makes $15-$25
“The bill of material is about, you know, four, eight to five dollars, 15 to 25 dollars are paid by Apple to Foxconn. That is the making component, whether it's in China or India. And the rest, 700, almost 700 dollars are taken by Apple because they own the IP.”
Assertion Supported
Atluri: Zen Technologies IPO'd at ₹1 Crore Revenue, Raising ₹1.9 Crore
“We did about one crore at that .1 crore, and we raised about 1.9 crores.”
Assertion Partly supported
Atluri: TERI study shows ₹15 crore simulator investment saves ₹387 crore
“Terry did a study on sustainability, and they said a 15 crore investment over 30 years will result in a savings of 387 crores. You know, that's like almost 25 X saving happening.”
Assertion Not publicly verifiable
Atluri: A tank costs ₹40 crore while Zen's simulator costs ₹2.5 crore
“For example, a tank costs 40 crores. Our simulator costs two and a half crores.”
Assertion Supported
Atluri: Zen Technologies grew 450x from ₹40 crore to ₹18,000 crore
“In 2000 1213, our market cap was about 40 crores, and now, you know, it's gone to 17, 18,000 crores, you know, depending on the day and the mood of the stock market. So, so that, that's almost a 450 X kind of growth, that 450 X, 45,000 percent growth has happe…”
