Amit Cowshish replies: The business practices, professionalism, and potential of the private sector in India for undertaking the design, development and production of sophisticated defence equipment are second to none in the world. If, despite this, India has not become a defence manufacturing hub, it is largely because of the economic and geopolitical milieu of the country, which is vastly different from the one in which the private defence companies bloomed in the US after the Second World War.
Defence Procurement: Negative Lists with Positive Implications
The defence indigenisation lists are expected to promote domestic arms manufacturing and reduce the burden of arms imports.