India

Future of Golden BRICS

With the successful holding of the fifth summit of Brazil, Russia, India, China and South Africa (BRICS) in Durban during March 26–27, 2013, this influential group of emerging economies completed its first important phase of genesis and evolution. The idea was floated in 2001 as an ‘acronym’ created by an investment banker of Goldman Sachs, Jim O'Neil who believed that the fast-growing economies of Brazil, Russia, China and India would be the single greatest game changers in coming times.

Future Challenges for Quality Assurance (QA)

In order to achieve self reliance in defence production, enhancement of indigenous private industry’s role in R&D of defence systems is inevitable. Accordingly, amendments to the DPP-2011have been approved. Along with all other stakeholders, the DGQA too needs to gear up for the challenges this new policy is going to present.

Mahendra Prasad | May 28, 2013 | IDSA Comments