Make in India: Opportunities and Challenges in Defence Sector

Abstract

An ambitious Make in India campaign by the government of India can not only change the image of the country as a hub for manufacturing but also as a destination to do business. Annoyed by India's status as the world's biggest arms importer, Indian government wants to build an advanced defense industry which aims to turn the country into a manufacturing powerhouse. It offers a way of improving the country’s self-reliance in defence production. However, for the Make in India to succeed in the defence manufacturing sector, the government needs to address some legacy issues. This paper attempts to give a present state of affairs of the Indian Defence, then depicts the global scenario relating to defence and attempts to identify the opportunities and the challenges waiting for the Make in India campaign for defence sector.

Keywords: FDI, defence, manufacturing, make in India, private sector