Category: defence
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Defence Manufacturing as Industrial Strategy and Economic Identity
The story of defence manufacturing has quietly shifted from being a closed, state-driven activity to becoming a central pillar of industrial strategy, where national security, technological capability, export ambition, and high-skilled employment are deeply intertwined. Historically, countries treated defence production as a sovereign necessity, often insulated from market forces and…
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From Shield to System: Defence Manufacturing and the Illusion of Industrial Transformation
The celebration of defence manufacturing as a strategic industrial driver often overlooks a deeper structural contradiction: while it promises to link national security with industrial capability and exports, it simultaneously risks becoming a high-cost, state-driven enclave with limited spillover if not critically designed. Historically, India’s defence production model emerged from…
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India’s Expanding Defense Export Ambitions: Charting a Path to Global Military Markets
India’s defense industry is undergoing a strategic transformation. Once heavily reliant on imports, the country is now emerging as a credible global exporter of defense equipment. Powered by policy-driven reforms, indigenization mandates, MSME participation, and growing global demand, India’s defense export landscape is poised for a significant leap forward. At…
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The Defense Industry in 2025: Navigating Transformation through Innovation and Strategy
In 2025, the global defense industry is navigating a powerful convergence of technological disruption, geopolitical shifts, and rising security imperatives. Valued at approximately $527.06 billion, the market is set on a growth trajectory that will push it to $676.64 billion by 2029, reflecting a compound annual growth rate (CAGR) of…