It is argued that India-Israel ties are moving from buyer–seller dynamic to one focused on joint development & manufacturing partnership, a shift 'more durable' than traditional arms sales.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
The first fuselage sections are expected to roll off the assembly line in 2028, with the facility expected to deliver up to two complete fuselages per month.
62 indigenously-manufactured vehicles are set to reach Lebanon as part of a wet-lease. Move ‘meant to showcase India's commitment to self-reliance, defence manufacturing capabilities’.
SSS Defence not only bags contract to supply .338 Lapua Magnum calibre sniper rifle, but also deals to deliver nearly USD 50 million worth of ammunition to multiple friendly countries.
Such has been the growth in the defence sector that companies are spending billions of dollars on buying back their own shares with record number of orders in pipeline and counting.
As part of Adani Group's defence push, the Kanpur facility has started rolling out small calibre ammunition, starting with 150 million rounds which will be scaled up in time.
India now exports to 'more than 80 countries'. Narendra Modi govt had in 2020 set target of Rs 35,000 cr export in aerospace and defence goods & services for next 5 years.
While govt has opened up the sector to private players & FM in budget speech said quarter of govt R&D spending would go to private sector, procurement system remains a stumbling block.
The silence may have to do with the state’s history of political violence. During the 2021 post-poll violence, BJP leaders 'ran away leaving their voters at the mercy of the mob'.
Share of trade with FTA partners rose from 4.6% in 2006 to 28.8% in 2024. India is currently negotiating or advancing agreements with US, Israel, GCC, Canada & Mexico.
American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.
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