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India is on the road to turning itself into an exporter of defence equipment rather than an importer. The Modi administration has made no secret of it. It included the defence sector under its umbrella of Atma Nirbhar (self-reliance) schemes to boost the economy.
Some experts believe that while the impetus on domestic defence manufacturing is certainly a move in the right direction, imports are generally of better quality than domestic products.
Only time will tell if India’s switch in strategy will bear fruit, but the wheels of roping in more Indian firms to help out the Indian Armed Forces is already in motion. Read more…
