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100 _aKumar, Sanjay and Singh, Rajesh Kumar
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245 _aFDI in defence sector: Re-shaping India’s military industrial complex
260 _aU.S.I. Journal
300 _a153(632), Apr-Jun, 2023: p.286-295
520 _aIn 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
773 _aU.S.I. Journal
906 _aDEFENCE
942 _cAR