IndiGo showed how a single point of failure can ripple across a sector. In defence, where there is no external fallback, the consequences are far more serious.
Deepak Lamba allegedly established Automation Engineering & Industrial Services in July 2022 when he was DGM, Ordnance Factory Ambajhari. Rs 1.71-cr tender awarded just 4 months after.
Defence exports were once seen as exceptions. Today, they are part of annual planning cycles. Startups now pitch to the Army in structured innovation challenges. PSUs participate in global tenders.
Stocks of defence firms surged in past few yrs, by over 1,000% in some cases, driven by narrative that they would gain from govt’s domestic procurement push. Now, those stocks are tanking.
With German Defence Minister Boris Pistorius in town, India has told the European nation it is welcome to set up factories here for manufacture of military equipment, it is learnt.
In its report, the Parliamentary Standing Committee on Defence noted cadets can be used to train elderly & cyber illiterate in proper use of cyber applications like banking transactions.
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.
Armed forces are identifying weapons & platforms that will be placed on an import ban list as Modi govt has announced a slew of measures to boost ‘Make in India’.
On 26 January 1966, Indira Gandhi delivered a speech that was broadcast over All India Radio. This was her first address to the nation after becoming India’s first woman prime minister.
Premier David Eby, the leader of the minerals- and gas-rich province of British Columbia, spoke with executives at Tata Steel and Reliance Industries on a trade mission to India.
New defence strategy marks clear break from Biden-era Pentagon policy, softening tone on China & Russia, while pushing allies to shoulder more responsibility with less US backing.
No nation other than China can negotiate one-on-one with Trump on an equal footing. That’s why the middle powers who so far formed the core of multilateral bodies now feel orphaned.
WoW!!
Well researched and well written.
For the common citizen, this is a wake up call.
However, it would be helpful to know if multiple suppliers would bring in the advantage of back ups or simply spread the risks too thin – but still high risk.
Also, does India defence have the financial muscle to have multiple suppliers for what are basically closed, highly sensitive and secretive platforms?
Finally, don’t other countries also have the same problem of limited suppliers for cutting edge defence equipment?
BTW, paisa vasool for this write up. Pays to pay for The Print.
WoW!!
Well researched and well written.
For the common citizen, this is a wake up call.
However, it would be helpful to know if multiple suppliers would bring in the advantage of back ups or simply spread the risks too thin – but still high risk.
Also, does India defence have the financial muscle to have multiple suppliers for what are basically closed, highly sensitive and secretive platforms?
Finally, don’t other countries also have the same problem of limited suppliers for cutting edge defence equipment?
BTW, paisa vasool for this write up. Pays to pay for The Print.