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FDI in defence sector: Re-shaping India’s military industrial complex

By: Kumar, Sanjay and Singh, Rajesh Kumar.
Material type: materialTypeLabelBookPublisher: U.S.I. Journal Description: 153(632), Apr-Jun, 2023: p.286-295. In: U.S.I. JournalSummary: In the past few years, the prime objective of the government has been to make India a hub of manufacturing and global investments, to boost local production and deploy young talented population to lead the charge on indigenisation in the Defence Sector. The ‘Make in India’ mission has gained momentum to the extent that it is now embedded in the very hearts and minds of the population. The campaign aimed to “facilitate investment, foster innovation, enhance skill development, protect intellectual property and build best in class manufacturing infrastructure”.1 This article highlights the changes in Foreign Direct Investment (FDI) in the defence sector, how it is reshaping India’s Military Industrial Complex and the positive framework for foreign investors to invest in India.-Reproduced
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Articles Articles Indian Institute of Public Administration
153(632), Apr-Jun, 2023: p.286-295 Available AR129725

In the past few years, the prime objective of the government has been to make India a hub of manufacturing and global investments, to boost local production and deploy young talented population to lead the charge on indigenisation in the Defence Sector. The ‘Make in India’ mission has gained momentum to the extent that it is now embedded in the very hearts and minds of the population. The campaign aimed to “facilitate investment, foster innovation, enhance skill development, protect intellectual property and build best in class manufacturing infrastructure”.1 This article highlights the changes in Foreign Direct Investment (FDI) in the defence sector, how it is reshaping India’s Military Industrial Complex and the positive framework for foreign investors to invest in India.-Reproduced

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