| ID | 193356 |
| Title Proper | USA – India Defense Relations |
| Language | ENG |
| Author | Biswa Ranjan Mohanty and Prof. Suraj Kumar Mishra ; Mohanty, Biswa Ranjan ; Mishra, Suraj Kumar |
| Summary / Abstract (Note) | India, the world’s biggest importer of weapons, has long been desperate to expand its indigenous
defence industry. It has not been easy. A “Make in India” defence policy was launched eight years
ago, followed in 2020 by “Atmanirbhar Bharat” (Self-reliant India), when the government raised
the maximum stake that could be held by foreigners in joint ventures in defence from 49% to 74%.However, by the start of last year, foreign direct investment in the defence industry had reached only $380m, against a target of $10bn by 2025. |
| `In' analytical Note | World Focus Vol. 44, No.8; Aug 2023: p.44-50 |
| Journal Source | World Focus 2023-08 44, 8 |
| Key Words | USA – India Defense Relations |