Defence Sector – DPP, Missions, Schemes, Security Forces, etc.

Nuclear-missile maker to woo investors as India revamps defence

India wants to embrace more shareholder scrutiny for the sake of national security.

  1. The govt is seeking to divest 20% of each state-owned defence company including nuclear-missile maker Bharat Dynamics.
  2. Divestment will provide capital for growth and enough transparency & accountability to drive efficiencies.
  3. Still structural changes will be required for the state-run defence companies to be more attractive for investors.
  4. India’s goal is an ambitious $150 billion modernization of its sometimes poorly equipped armed forces, including more local production to curb a flood of costly imports.
  5. The challenges is to improve state defence companies, which account for the bulk of domestic weapons output but are strained and lack the most modern technology.
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