Domestic Industry looks at $53 billion orders, after import ban on military items

India imports weapons and equipment to the tune of $ 9 billion annually, with several items off the import list, the orders will go to local manufacturers. Orders of estimated an Rs 400,000 Crore ( $ 53 billion) are expected to be placed upon the domestic industry within the next five to seven years

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India’s staggered procurement, two-points of ‘fear’ for Industry

IDD Analysis After India’s newly appointed Chief of Defence Staff, General Bipin Rawat announced that the military will do only ‘staggered  procurements’ of weapons,  equipment, systems and platforms, it  has thrown up two issues necessitating immediate answers from the Government to address ‘fears’ of the industry. Firstly, such a move could jeopardize big-ticket acquisitions –

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