India needs a comprehensive and coherent national aerospace strategy to accelerate indigenous development in the rapidly evolving geopolitical environment.
As the 2022 edition of the ‘DefExpo’ gets underway in a few days, it is important to recognise the fact India’s ‘Defence and Aerospace’ sector is growing significantly, aided by the Government’s policy initiatives such as ‘Make in India’ that have created opportunities for many joint ventures with international companies. Platforms like the ‘DefExpo’ and ‘Aero India’ are providing the necessary boost and visibility to Indian manufacturing.
Recent announcements on the agreement with the Philippines to export ‘BRAHMOS’ missile is a significant achievement. Similarly, last week’s news that DRDO and SAFRAN will jointly develop the 125 KN engine for the AMCA is major news that could be transformational if the collaboration is well crafted keeping Indian interests in perspective. However, one must keep in mind that much work needs to be done beyond the optics of a defence exhibition. Translating the MoUs into real JVs is a big challenge. Unless the Indian defence industry breaks into the export market in a big way by becoming part of the global supply, the challenges to the Indian industry will continue to be significant.
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