Industry Expects Higher Allocation And Incentives For Make In India In Defence

The key policy announcement post Doklam crisis was the setting up of an institutional mechanism called the Defence Planning Committee (DPC) under the chairmanship of National Security Advisor, along, the foreign secretary, chairman of chiefs of staff committee and chiefs of the Army, Navy and the Air Force as its members. The overarching body has its task out- outline threats and build up capability for credible deterrent.  In zero sum, it falls on the scale and scope of modernization of the Indian Armed Forces and the money to ramp up such programs.

The former defence minister and now the Finance minister in the Modi 2.0, Nirmala Sitharaman is certainly aware of the simmering tensions along the orders of India and, beyond, the geopolitical surfeit of upheavals in the Indian Ocean and choking trade blocks in South China Sea.  Read more

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