Zen Technologies chairman Ashok Atluri discussed order book, exports outlook and simulator business growth in an exclusive interview

Mon 12 Oct 2026

Simulator orders received so far

400 crore rupees

Simulator order target

800 crore rupees

Equipment order value

1,300 crore rupees

Current order book

1,500 to 1,600 crore rupees

Projected order book by March-April

2,500 crore rupees

Heard on business television between 10:48:05 - 10:51:05 IST.

• Exports is the company's highest-margin business, followed by simulators and counter-drone systems.
• Of the expected 800 crore rupees in simulator orders, about 400 crore have already been received, with the remainder expected in coming months; current overall order book is around 1,500-1,600 crore rupees, including a 1,300 crore rupee equipment order.
• Exports, currently a smaller share of business, could grow to 30-40% of the mix in the next three to four years; Indian simulator market alone estimated at 15,000-16,000 crore rupees.
• Management declined to confirm whether order book could reach 2,500 crore rupees by March/April, saying it depends on the pace of the fast track procurement (FTP) process; also declined to confirm an earlier cumulative order book aspiration of 4,000 crore rupees, citing unpredictability of government order placement.

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