ID | 189634 |
Title Proper | Self-reliance of India’s Naval Sector |
Other Title Information | an Analysis of Indigenous Naval Sector |
Language | ENG |
Author | Aparna ; Aparna and Amit Kumar Singh ; Singh, Amit Kumar |
Summary / Abstract (Note) | The Atmanirbhar Bharat campaign was launched by Prime Minister Narendra Modi in response to the economic impact of the pandemic to increase domestic production and reduce dependence on imports. It aims to build a technology-driven economy, build state-of-the-art infrastructure, and harness the power of the country’s demographic structure to drive economic growth. The defense industry is an important sector with significant growth potential, creating job opportunities and reducing the burden of imports. The Ministry of Defense (MoD) has taken steps to advance the “Make in India” agenda in the field of defense production, such as increasing foreign direct investment (FDI) and domestic capital acquisition. The Defense Procurement Procedure (DPP) 2016 has been updated as the Defense Acquisition Procedure (DAP) 2020, and India’s involvement in the Indo-Pacific region has expanded significantly. |
`In' analytical Note | World Focus Vol. 44, No.03; Mar 2023: p.61-66 |
Journal Source | World Focus 2023-03 44, 3 |
Key Words | Self-reliance of India’s Naval Sector |