Taking The Rust Off The Cannon
Businessworld|April 14, 2018

To transition from a net importer of armaments to a key player in the world mart, India needs a new ecosystem for defence production.

Manish K.Jha
Taking The Rust Off The Cannon

AT DEF EXPO 2018 IN CHENNAI in mid-April, India displayed the indigenously built BrahMos missile and the Tejas Light Combat Aircraft to showcase its advancements in defence production. Obviously, India sees herself as an exporter of military hardware in the years ahead and not as the net importer that it is now. Perhaps, that is precisely what the new Defence Production Policy 2018 unfurled late in March also strives to do.

Seven decades after Independence and a labyrinth of ordnance factories that have only grown in numbers since, India continues to purchase 60 per cent of its defence equipment from the global mart. India’s annual purchase of military hardware is close to $5.5 billion, or more than the combined armament purchases of China and Pakistan.

Announcing its Make in India initiative in 2014, the A Narendra Modi government had underscored the financial drain in arms imports and the absence of a coherent policy to overcome it. As many as eight defence public sector undertakings (DPSUs), 41 ordnance factories (OFs) and 49 Defence Research and Development Organisation (DRDO) laboratories dot the country. This massive infrastructure has enabled development of indigenous technology and products like communications and missile technology, but complex military hardware still has to be purchased abroad. The technological chasm between the best in the market and homegrown hardware remains significant.

Bu hikaye Businessworld dergisinin April 14, 2018 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Businessworld dergisinin April 14, 2018 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

BUSINESSWORLD DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
Is Leadership Without Hierarchies Possible?
BW Businessworld

Is Leadership Without Hierarchies Possible?

LEADERSHIP IN THE current era is more challenging than ever before.

time-read
4 dak  |
September 21, 2024
The Rise and Evolution of Coffee Culture in India
BW Businessworld

The Rise and Evolution of Coffee Culture in India

AS A BANGALORE native, South Indian filter ‘Kaapi’ has always been a significant part of our tradition.

time-read
3 dak  |
September 21, 2024
The Daily Ground Goes Desi
BW Businessworld

The Daily Ground Goes Desi

Success in Tier-2 and Tier-3 cities hinges on several key factors, with one of the most important being the ability to offer high-quality products at an accessible price point

time-read
6 dak  |
September 21, 2024
Cracking The Indian Code
BW Businessworld

Cracking The Indian Code

TARUN JAIN, CEO of Tim Hortons India believes in creating an experience at cafes by blending global quality, local flavours and affordability

time-read
3 dak  |
September 21, 2024
Making Coffee the New Chai in India
BW Businessworld

Making Coffee the New Chai in India

Affordable, great-tasting coffee made fast-abCoffee is reshaping how India drinks coffee

time-read
3 dak  |
September 21, 2024
Scripting A New Era Of Coffee In India
BW Businessworld

Scripting A New Era Of Coffee In India

From a bootstrapped startup to international expansion, NOTHING BEFORE COFFEE is brewing its way to the top by challenging the giants of the coffee industry with innovation, personalisation, and sustainability

time-read
3 dak  |
September 21, 2024
"Driven By A Younger Demographic, Coffee Culture Is On The Upswing"
BW Businessworld

"Driven By A Younger Demographic, Coffee Culture Is On The Upswing"

SUNIL D'SOUZA, Managing Director and CEO of Tata Consumer Products, discusses the company's strategic growth in India's booming coffee market, focusing on premiumisation, innovation, and expanding consumer experiences both at home and in cafés, in this exclusive conversation with BW Businessworld's Tarannum Manjul

time-read
3 dak  |
September 21, 2024
Fresh Brew, Big Ambitions
BW Businessworld

Fresh Brew, Big Ambitions

From startups to stores, Beanly's Samayesh Khanna and Rahul Jain elevate India's coffee culture by making freshly brewed coffee a daily delight

time-read
3 dak  |
September 21, 2024
"On Track To Become India's Top Café Chain"
BW Businessworld

"On Track To Become India's Top Café Chain"

In an exclusive interview, RAJAT AGRAWAL, CEO of Barista Coffee, shared insights on the company's current market position, expansion strategies, and its response to growing competition

time-read
3 dak  |
September 21, 2024
"Ensuring A Seamless Coffee Experience Outside The Cafe Is The Next Big Thing To Watch Out For"
BW Businessworld

"Ensuring A Seamless Coffee Experience Outside The Cafe Is The Next Big Thing To Watch Out For"

In an exclusive conversation with BW Businessworld's Resham Suhail, Third Wave Coffee CEO RAJAT LUTHRA and its Co-founder AYUSH BATHWAL delve on how they are navigating the competitive landscape, going beyond retail and tapping changing consumer preferences

time-read
3 dak  |
September 21, 2024