A forward-looking defence acquisition policy can unlock foreign tech transfer and investments
Published on: Aug. 28, 2025, 11:19 p.m. | Source: The Economic Times
India is set to collaborate with France's Safran for indigenous jet engine development, aligning with the nation's self-reliance push in defense. A review of the Defence Acquisition Procedure 2020 is underway to address inefficiencies and attract foreign technology transfer. Policy shifts aim to boost local manufacturing and exports, but stakeholder interests and FDI inflows remain key challenges.
