It is a dramatic shift for a country that has for decades been one of the world’s biggest arms importers.
Earlier this year, India’s Prime Minister Narendra Modi announced the country’s bid to become the world’s largest defence manufacturing base.INDIA’S ABILITY TO PRODUCE COST-EFFECTIVE HARDWARE, giving them some optimism for long-term growth.
FILE PHOTO: India's Prime Minister Narendra Modi speaks with the media inside the parliament in New Delhi, India. Earlier this year, he announced the country’s bid to become the world’s largest defence manufacturing base. With the government easing entry barriers into defence production, private players are also now jumping in.But some analysts believe there remains a place for start-ups.
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