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  • Changes in the Offset Policy Seem Restrictive
    December 24, 2020The recently revised defence offsets policy reflects structural continuity with the past but aspires for better results than those achieved since its inception in 2005.  However the  ambiguities and uncertainties in some of the provisions neither makes things easier for future nor provide any honourable...  more...
  • Foreign Direct Investment in Defence: Impact Analysis
    December 22, 2020The recent move to increase FDI limit from up to 49% to 74% through automatic route is debatable whether this change alone will provide the impetus required to boost the inflow of foreign capital and technology into the defence sector. An analysis… India is currently...  more...
  • Leasing Holds Promise for Vendors and Services
    December 10, 2020Leasing can undoubtedly be a cost-effective tool for augmenting military capabilities but may not be suitable in all cases. Leasing as a mode of procurement only aims at striking a balance between the operational requirement of the Services and the commercial interest of the A&D...  more...
  • Defence Reforms and Impact on Atmanirbharta
    October 8, 2020India would spend US $130 billion on modernising the military over the next 7-8 years. India was producing only 30 per cent of its arms requirements in 1992-93, now it is about   40-45 per cent as of now. The dominant Govt sector in defence production...  more...
  • Defence Acquisition Procedure – 2020
    October 8, 2020The first Defence Procurement Procedures (DPP) were promulgated in the year 2002 and has since been revised periodically to provide impetus to the growing domestic industry and achieve enhanced self-reliance in defence manufacturing. Recently the defence ministry released the Defence Acquisition Procedure (DAP)-2020, a renamed...  more...
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