Post Operation Sindoor, private sector may see big push for defence manufacturing

News Snapshot:

WITH A specific thrust on the need to “leverage the buying power” of the government, authorities are learnt to have reached out to industry bodies and multiple private defence manufacturing companies to elicit active participation in defence manufacturing. There is likely to be a greater push for enhanced indigenous arms manufacturing of items such as artillery guns, missiles, loitering and precision-guided munitions, and military-grade drones in the backdrop of Operation Sindoor. The government is pivoting towards a leaner equipment procurement model that involves leveraging the private sector to a much greater extent, giving key players visibility in terms of future...