HSTPL creates history by receiving first order for its’ revolutionary IMCS from
Indian Armed Forces
March 15, 2023
Vocal For Local
A sustained commitment for building an ecosystem that fosters innovation and flexibility in the entire loop of planning of acquisitions, R&D, production, quality assurance, life-cycle feedback and rectification to develop quality products is essential to achieve the objective of self-reliant India.
This analysis underscores the primary challenge posed by the recent policy initiatives. Disjointed and unsynchronised initiatives taken, in fits and starts, struggle to deliver the intended outcomes. This primary challenge is exacerbated by the enduring procedural incongruities and some inexplicable policy changes made in DAP-2020, which is bubbling with many[Read More…]
The latest move to increase FDI in defence to 74 per cent through the automatic route, giving the foreign investor controlling interest, will likely lead to increased FDI inflows in the defence sector. Should this materialise, it would bring in much needed technology and finances, giving a huge boost to[Read More…]
The aerospace industry is a high technology and high-risk industry, whichtranslates into high costs. We need to concentrate on high-end technologies,which can further uplift peripheral technologies. The Indian aerospace anddefence industry requires rapid development of domain knowledge, which can come through active industry-government-academia partnership with leading technology institutes across the[Read More…]
The analysis of the 2007 report on defence offsets by the US Department ofCommerce has stressed that the policy implementation stage is the mostvital stage wherein a National Offset Policy needs to be clearly formulatedwith goals to be achieved and defined.