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29 Apr 2021  |  South Asia, Middle East & North Africa

Privatisation Thrust and Geopolitical Situation Transforming the Indian Defence Market

The Market is at the Cusp of Revolution Due to These Mega Trends

Defence Public Sector Undertakings (DPSUs) that have not delivered as per expectation have traditionally dominated the Indian defence market. As a result, India imports an estimated 70% of its defence needs. The acquisition cycle has also been long blamed for being inefficient resulting in delayed or cancelled contracts. Consequently, the Indian de...

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