NEW DELHI—Following the blows dealt to the global supply chain last year by the pandemic, India began taking new steps to become self reliant in defense production. The country increased foreign direct investment (FDI) in defense production from 49 percent to 74 percent and said it will promote “Made in India” in the defense sector…
Spurred on by Disruption of Global Supply Chain, India Pursues Self-Reliance in Defense
India Pursues Self-Reliance in Defense Production, Spurred by Global Supply Chain Disruptions
NEW DELHI—India is taking steps to become self-reliant in defense production, as a result of disruptions that the pandemic has caused to the global supply chain since last year. Foreign direct investment in defense production has increased to 74 percent from 49 percent, and the government says it will promote “Made in India” in that…
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