06 August 2020

Fear of missing out?

defensenews.com

NEW DELHI — The Indian government on Monday introduced a new draft policy that sets a $25 billion defense production target, including making $5 billion from exports, by 2025. The Defence Production and Export Promotion Policy is meant to bolster local production of weapons and platforms by developing “a dynamic, robust and competitive” defense industry. The draft policy also said the Ministry of Defence will set up a technology assessment cell to assess industry’s ability to design, develop, [...]