Smart Strategies For Defence Indigenisation

Smart Strategies For Defence Indigenisation In his address at the inaugural ceremony of DEFEXPO 2012, India’s Minister of State for Defence Dr. MM Pallam Raju said that the Government would promote the participation of Small and Medium Enterprises (SMEs) in the Defence Industry sector. The SME route is likely to prove the most profitable for entry by private industry both indigenous and foreign particularly so as defence indigenisation is a critical factor providing strategic autonomy to a nation, thereby adding exponentially to national security. Given the specialised and controlled structure of the defence industry the world over, military supplies are high-value goods. Indigenisation provides flexibility by reducing dependency on external sources and frees a country f...
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