Aiming to go global, Tata Power’s Strategic electronics Division on Friday said it was targeting a ten fold increase in turnover over the next five years at Rs.450 crore and was interested in partnering international players to provide support services.

"We are targeting a ten fold increase in turnover at Rs.450 crore over the next five years," Chief Executive Officer Rahul Chaudhry said here. He said the division was interested in increasing export business and was looking at export opportunities in the "right skill domain". However, with not many private defence suppliers, the Tata group arm would continue to focus on the domestic defence business. Chaudhry said the division was looking at tie-ups with international players by providing support services for large projects. However, the group would consider such offers as and when they come up taking into account the profile of the partner.

The arm is already into development of rugged pcs. Servo controlled platforms besides other special applications. Chaudhry, however, said there was no proposal

at this stage to hive-off the electronics arm following a similar exercise where the group separated its broadband operations from power business. SED accounted for a mere five per cent of Tata Power’s turnover in 2002-03 at Rs.45 crore.