Section

India: From consumers to producers in the defence arena

By Economic Times - 5 days ago
India is increasing its defence exports through contract manufacturing and indigenisation, leveraging its non-aligned foreign policy and labour cost advantages to become competitive in the global arms trade. Its strategic needs and improving fiscal health support higher allocations for defence equipment.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.