How India’s goal for self reliance is transforming aerospace
The Indian government’s goal to achieve self-reliance is on track, writes a senior adviser in the defence sector. India’s defence budget has grown manifold over the last seven decades to $39 billion in 2017-18, which is around 1.6 per cent of the country’s gross domestic product (GDP). Overall, India contributes nearly 3 per cent to the world’s defence and aerospace spending of about $1.7 trillion and ranks among the top five countries in the world in terms of military expenditure [...]