India has emerged as a major arms purchaser in the past few years. The pace of acquisition and defence modernisation is nonetheless relatively slow. India seeks a larger role in global politics; therefore, this large-scale dependence is only holding them back. According to the Indian Minister of Defence, Mr Antony, foreign suppliers provide about 70% of Indian arms. India’s government wishes to limit this dependence by attracting private domestic companies into building weapons, while also strengthening state-owned companies. Last year the government issued repeated policies designed to attract the country’s private firms into making arms for its forces. So far, lack of policy clarity has restricted the participation of the private companies. Of the 30% of defence supplies procured domestically, the private sector barely supplies 9%.
by Madalena Papadopoulou
This blog was originally published by The Henry Jackson Society, 14/01/11, accessed at http://www.henryjacksonsociety.org/thescoop.asp?pageid=106&poid=1051