Study suggests India achieve $5bn defense export target by 2024-25 through FDI streamlining, R&D enhancement, and improved manufacturing.
A study by Nexgen Exhibitions suggests India can achieve its $5bn defense export target by 2024-25 through streamlining FDI, enhancing R&D, and improving manufacturing capabilities. The study, which involved 130+ national and international arms manufacturers, emphasizes technology integration, skill development, and procurement categories to make India a global manufacturing hub in homeland security and defense.
June 17, 2024
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