Why Domestic Defence Industry Matters
The government is keen to shed its overdependence on defence imports and private players can helppush this strategic shift.Indian armed forces are realising the importance of drones in modern warfare.From red tapism to excessive focus on control, Indian defence procurement has everything to keep investors away.Bureaucratic hurdles and inefficient decision making are holding back defence manufacturing. Can the new government change things?In spite of the Make-in-India initiative, the Indian private sector is awaiting big-ticket defence orders.India's defence budget has increased over the past few years but its share in GDP has remained the same.
India Inc's Crown Jewels At Risk
Indian promoters, especially first generation entrepreneurs, run the risk of losing control over their best assets after pledging shares to raise money.Dark Clouds And Silver Linings
As India braces for its next General Election, here's a look at what's working for the economy, and what's not.
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