Atma Nirbhar Bharat: A Study of Make-in-India Initiative in the Defence Sector

Abstract

Defence sector is driving force of global economy. Advanced countries have been investing billion dollars for the manufacturing of the defence weapons. Indian defence sector depends on the foreign imports. The proposed study investigated and analysed defence manufacturing in India. The proposed research study highlights the gap between the expected role of government and private companies which will be useful for policy-level intervention. The productivity of Indian defence sector is very minimal. There is urgency of Indian military to fulfil the immediate demands, therefore it is very important to have a discussion or research on how to increase or improve the productivity of the Indian defence sector. Thus, the ‗model of Make-in-India Initiative will help the productivity of Indian defence sector. And this model can be also replicate in the other manufacturing sectors. The proposed study intends to support policymakers and other stakeholders to establish a benchmark for scaling up of investment in the defence sector. The present study analyzes how public-private partnership help for the defence manufacturing. Therefore, the expected outcomes will enable practitioners and policymakers in evolving plans and policies for the promotion of public-private partnership in the defence sector. The new policies and plans related to Make-in-India will help the growth and development of Indian defence sector. The crisis of supply military weapons and equipments to the Indian military will reduce as a result of greater productivity in India after the initiation of Make-in-India program. The study may be a useful document for the policymakers and Government officials working on similar kinds of research works. Further, it is also useful for various stakeholders such as entrepreneurs, investors and foreign companies to invest Indian defence sector. It can serve as a benchmark document for implementing agencies to use when reviewing projects of a similar nature.