Defence Economics & Industry
India’s Defence Budget: Trends Beyond the Numbers
In the larger scheme of things, fiscal prudence is a good trait and the reduction in deficits desirable, yet an overtly ambitious approach of reducing deficits into a number game may lead to developments that may hurt us not only in the security arena but in economic growth as well.
Role of the Services in Capital Acquisition
The systems and procedures for capital acquisitions, introduced by the MoD in 2001-02, provide a decisive, if not the final, say to the Services, including the Indian Coast Guard.
Defence Budget 2013-14: An upcoming tight spot
The prospects of allocation for the next year being less than the allocation for the current year are remote because of the immense implications it would entail, although it is likely that the growth in the budgetary allocation for the next fiscal may be less than what has been the case in the past.
Aero India: A Non-Expert View
India’s power in the next round of politics among nations will stem not simply from the latest purchase of military goods, but also from the manner in which it has amassed them.
A Level-Playing Field that Isn’t: How India’s Defence Offset Procedures Could Discriminate against Indian Bidders
It is time that India’s offset regulations and defence procurement procedures are weeded for provisions formalising differential treatment against Indian bidders.
The New Defence Offset Guidelines: Challenges Ahead
MoD has to assume the leadership role and provide some kind of a single-window service to the defence industry to steer the offsets in a direction that helps achieve the objective of modernisation through self-reliance.
Cut in Defence Budget 2012-13: Prospects and Consequences
On the capital side, there may not be much of an adverse impact of reduction in allocation if the MMRCA contract gets pushed to the next year. On the revenue side, procurement of ammunition and other equipment as well as maintenance of legacy systems would be adversely affected.
Defence Production Policy 2011: Need for Reinvigoration
A thorough and honest review of the progress made so far is essential for arresting the drift in the Defence Production Policy and for course correction.
Swedish Investments in the Indian Defence Industry: Prospects and challenges
This commentary looks at the characteristics of Saab’s recent investments as well as the prospect and challenges for current and future Swedish-Indian collaboration in the defence industrial sector.
A Critique of India’s Defence Offset Guidelines 2012
Some of the provisions in the DOG do not seem to be well thought out, provide greater leeway to the foreign companies, and have a potentially negative potential on eligible manufacturing sector, particularly defence manufacturing.
