It sounded very inviting to reply since I work for company that is a direct competitor of cummins world wide engine business.
Basic engine - A 1500 HP is well with in the range of engines Cummins make. In today's engine business, given same engine displacement (cc) the difference b/w an engine on a school bus, garbage collection truck, mud moving machine or a tank is primarily in the ECM software. One might select a cam or piston or injector from your collection to tweak performance.
Validation - I don't think its going to be 5 years. It is more
like 6 months to a year. Also there will tremendous amount data already available from Mk1. Even a brand new engine won't take 5 years. So no dhoti colouring. The wide range of engine applications in today's world would make tweaking an engine for tank just another job. You should see how a 'simple' harvesting machine works in some CIS nations ( Kazakhstan ?) They drive it one way full torque in a straight line for 3-4 days, becoz that is the size of some of the farms there. Add to it the poor fuel quality, higher altitude, dust from harvesting and high ambient summer temp. It is one tough engine to tweak, and no less than a tank engine.
Cummins India - been around for a long time. One of the heavy engg MNCs that has done a great job in developing a robust local supplier base. This has helped them to keep cost down and give their competition a run for their money

Indigenosity and Cummins- well I wouldn't be surprised if some of these companies have Asia as their WHQ in 10-15 years. Did any of you notice the dollar going below the bottom support line recently ? Oh heck that's when they announced Bin Laden's killing and burial at sea
