Defence market in India

Challenges to the defence procurement

February 25, 2015

India is having the 3rd largest armed forces of the world, with an annual budget of US$ 38 billion and 40% of this is used for capital acquisition. In the next 7-8 years this budget would be increased to around US$ 130 billion for modernization of armed...

Self-indigenization in Aerospace and Defence

February 25, 2015

What are the reasons behind India failing to generate the indigenous capability in defence production and tap on the rising defence procurement? How the integration of SME’s in Supply chain of global A&D throws a sea of opportunities for developing self-reliance capabilities?