A multi-billion dollar sector, the Indian Aerospace and Defence (A&D) sector is a focus market for many global A&D companies. The Indian market is also attractive for domestic industrial product conglomerates aspiring to achieve non-linear growth via positions across the A&D value cha…
Tag: Defence Procurement Procedure (DPP)
MSMEs can boost India’s defence exports with policy support
India is one of the largest importers of conventional defence equipment and spends about 31.1% of its total defence budget on capital acquisitions and about 60% of its defence requirements being import dependent. Between 2006-10 and 2011-15 India’s defence imports increased by almost 90 per…