A new research paper published in the US-based Brookings Institution has recommended greater incentives for private investment in order to build self-reliance in the Indian defence industrial sector.
The paper titled ‘The Indigenisation of India’s Defence Industry’ has argued for consistency in budgetary allocations and changes in the regulatory environment in order to increase competition, reduce costs and spur innovation in defence industrial production in the country.
The research paper has been written by Dhruva Jaishankar, Brookings scholar in Foreign Policy Studies.Read More…
