Business Today

Why Domestic Defence Industry Matters

The government is keen to shed its overdependence on defence imports and private players can helppush this strategic shift.

India is working hard to change the pattern of its weapon procurement. The short term objective could be a diversified base of foreign suppliers which would reduce the country's overdependence on Russia and open up the market further to Western countries. But its long term goal seems to be sourcing from homegrown vendors to fulfil its defence needs.

In strategic areas such as nuclear weapons and ballistic missiles,

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