India has raised FDI limits in defence to 74% automatic route. Here are the opportunities in India's $15B+ defence manufacturing sector.
Accountify Editorial Desk
Finance Expert
India is the world's largest arms importer, spending $70B+ on defence over the next 5 years. The government is aggressively pushing domestic manufacturing.
Defence PLI scheme worth 450 crore. Offset obligations creating JV opportunities. Defence corridors in UP and Tamil Nadu with dedicated infrastructure.
Aerospace components, naval systems, land systems, electronic warfare, ammunition, and unmanned systems. Global OEMs setting up JVs with Indian companies for technology transfer.
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