The Economic TimesOct 21, 2021Aerospace & Defence: How MSMEs can build a sustainable businessThe Indian defence sector has come off age with refreshing policy shifts over the last 2-3 years. As the country looks to build indigenous defence industrial capability and reduce dependence on imports, how can MSMEs benefit and build a sustainable defence business?A multi-billion dollar sector, the Indian aerospace and defence (A&D) sector is a focus market for many global A&D companies.The Indian market is also attractive for domestic industrial product conglomerates aspiring to achieve non-linear growth via positions across the A&D value chain across platforms.This is a result of tightening of defence budgets in Western countries, while countries like India and Saudi Arabia continue to spend ever increasing amounts on defence.Read more at The Economic Times
The Indian defence sector has come off age with refreshing policy shifts over the last 2-3 years. As the country looks to build indigenous defence industrial capability and reduce dependence on imports, how can MSMEs benefit and build a sustainable defence business?A multi-billion dollar sector, the Indian aerospace and defence (A&D) sector is a focus market for many global A&D companies.The Indian market is also attractive for domestic industrial product conglomerates aspiring to achieve non-linear growth via positions across the A&D value chain across platforms.This is a result of tightening of defence budgets in Western countries, while countries like India and Saudi Arabia continue to spend ever increasing amounts on defence.Read more at The Economic Times
