Courtesy: Press Information Bureau
The 2022-23 Indian budget has made a provision to encourage private sector participation and military collaborations in drone technology and manufacture. This will boost indigenous production, limit imports, and develop India's drone capabilities and counter-measures.
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Drones have become vital to the operations of many industries and government organisations across the world. With huge economic opportunity to be derived from the use, manufacture and sale of drones, the Indian government must refine policy and address regulatory lacunae to help boost both technology adoption and drone manufacture in India.
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No country has become powerful by being dependent on foreign defence supplies. It is now increasingly imperative for India to indigenise production through private sector involvement with the aim of eventually developing the ecosystem of a defence industry.
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At times of declining growth rates and marginal economic reforms, there is a need for leaders in India to balance their needs with their budgets. With the absence of a comprehensive national security doctrine, can India afford high-cost acquisitions like the MMRCA deal?