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Follow on Google News | Indian defense sector all set to gear up for modern warfareResearch on Global Markets is a leading source for market research on various sectors globally, offering premium research content from worldwide publishers of market research reports.
By: Research On Global Markets However, the government is trying to ease off its dependence on foreign manufacturers of defense equipment. As part of its ‘Make in India‘ initiative, the Indian Government is trying to attract native manufacturers to take part in the bidding process for supplying equipment to the Indian Army. These plans of the government include transforming India from being a weapon importer to weapon exporter. Another important step for the Indian defense sector has been the decision of the government to deal with the governments other countries directly when it comes to acquiring new defense equipment and support vehicles. The Indian Navy is slated for a major revamp as India looks to counter the growing dominance of China in the Indian Ocean and adjoining seas. Bills have already been sanctioned for the procurement of state-of-the- End
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