Rapidly Evolving Defence Markets—India

Charting the Progress of Indian Defence Modernisation
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Published: 2 Aug 2016

According to SIPRI, India was the largest arms importer in the world during 2011–2015. The Indian government has revised the procurement policy after seeking responses from industry stakeholders. Frost & Sullivan has analysed the competitive landscape of defence in India, which consists of public sector undertakings (PSUs), foreign defense companies, and emerging Indian companies. As per DPP 2016, the way ahead for India is by developing indigenous capabilities in defence through foreign collaboration. This is a critical time for foreign OEMs. The decisions made now, in terms of partnerships with emerging Indian firms, leveraging key clauses in DPP 2016 and understanding the track of Indian modernisation will help them win contracts and reap benefits. The report presents the insights necessary to help companies proactively establish themselves in a position of competitive advantage in India.

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