For a country like India defense is a priority. Having the 5th largest defense budget i.e. ₹4,31,011 crore in the world and over 1.2 million active personnel it is essential to analyze the investments, imports, exports, and growth which is over ₹4500 crore of the production of defense PSU in the FY 2018-2019. India is now investing ₹17861 crore in R&D through DRDO pushing ‘Make in India’ campaign. Those in the defense industry are no doubt aware that over the past decades there has been a constant, ebb and flow. So here is the post of systematic analysis of the industry and the changes witnessed by it.
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