A SIPRI report last year stated that China was one of the largest exporters along with the United States, Russia, France and Germany, over the past five years.
Defence experts say AVIC is a huge company that makes a plethora of equipment and is self-reliant, which is a challenge, given India’s LAC stand-off with China.
Finance ministry says the proposed revamp will focus on structural reforms, rate rationalisation & ease of living, & will be deliberated upon in the coming weeks.
The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
China produced world class weapons that rivaled US & Ru, with hypersonic missiles, multi rockets, drones, 4.5G & 5G fighters and Type55 warships surpassed them.
But unlike US, EU & Ru, they are not keen to export any weapons they used in own defense to minimize adversary access to them. That’s what limited their export.
Whereas India couldn’t even make working rifles and ammunition requiring import. Armenia N-K war has proved how deadly to buy Made In India weapons after their India radars failed to work totally as a scam. Armenia is suing India for providing defective radars different from tender.
China produced world class weapons that rivaled US & Ru, with hypersonic missiles, multi rockets, drones, 4.5G & 5G fighters and Type55 warships surpassed them.
But unlike US, EU & Ru, they are not keen to export any weapons they used in own defense to minimize adversary access to them. That’s what limited their export.
Whereas India couldn’t even make working rifles and ammunition requiring import. Armenia N-K war has proved how deadly to buy Made In India weapons after their India radars failed to work totally as a scam. Armenia is suing India for providing defective radars different from tender.