State-owned PSUs? Thats a clear redundancy, if I've heard one.This apart, DRDO has already identified many sick State-owned PSUs in South India that it can enter into joint ventures with for fabrication and assembly of advanced weapons.
And what's this JV biz with sick PSUs for making advanced weapons?
More likely, the real estate is being quietly taken over for the really classified stuff. Dunno how enthused our mallu commies would be to give land for such obviously imperial-capitalist projects like 2nd strike mil capability if the nartional level comraids are anything to go by. Maybe the kerala commies are genuinely patriotic, who knows. One can hope, at least.
Superficially, the place will look ramshackle on the outside. All tenders, RFPs etc will go out on the drab sick-PSU stationery onlee. All those high precision machne tools, the high fidelity electonics, the fault tolerant subsystems.... aaah, all ending up in 'loss' making PSUs coz their publicly accessible order books are empty-shempty onlee... Hey, admittedly, just speculationg here but sure feels good, mussay. Jai Bharat!