RAKSHA ANIRVEDA
MARKET WATCH
INDIAN DEFENCE: TRENDS AND TRAJECTORY By DR SURABHI AGARWAL
With a rapid change in geopolitical scenario, Indian defence sector though with constraint budget playing a balancing act as the government is constantly striving to formulate policies to empower the sector including MSMEs in order to develop a robust ecosystem for indigenous defence production Indian Army jawans laced with technological equipment (File photo)
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oday’s direct defence and critical security challenges in operating environment face tremendous and multifarious challenges related to security, henceforth it contests the dotted lines of integrated capabilities haloed with entrenched assumptions in ordinary citizens minds. War fighting capabilities highlights the increasing new meaning of the defence future, where procurement reflects a negative wave but will uphold large market for survivors only. Enablement of generating a million new vistas of defence jobs can be sorted through procurement models exclusively as traditional defence and military capabilities require to now pose
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as acclimatised troops equipped with transformed military warfare maps. The use of term ‘surgical strikes’ here is both thrilling as well as live example which would be required more
in military dealings. The adoption process of 360-degree aggressive ways of combatants in terms of strategic sourcing, surveillance, unmanned vehicles, automation intelligence, and reconnaissance spend analysis would introduce the phenomenal situational awareness in defence front. Though devastating disruptions in production-consumption cycle adversely affected GDP of our economy by confiscating 6.3 per cent pull-off still the second half of the fiscal year would see rebounding
10/12/2020 7:36:24 AM