Challenges and Opportunities in the Indian Defence Sector: A Strategic Perspective - The Way Forward

Authors

  • R. Ravichandran Research Scholar School of Commerce and Management Studies Dayanand Sagar University Bangalore
  • Laxman Rao Associate Professor School of Commerce & Management Studies Dayanand Sagar University Bangalore

DOI:

https://doi.org/10.33516/maj.v58i9.32-35p

Keywords:

No Keywords

Abstract

The current scenario in the geo-politics of India and its neighbourhood had altered the security landscape for India and the military planners have taken note of the situation and are trying to meet the challenges with the opportunities which defence sector brings to the fore. Deterrence demands sufficient technologies getting internalised and ability to apply, India’s home grown technology and the Atmanirbhar Bharat program helps greatly in the process. This study discusses the present challenges facing India in the face of modernisation of defence, coupled with funding challenges and opportunities these may throw up for civilian applications of defence sector projects and as a whole expand the range of products and services. This is a conceptual study on how India could take a new path or approach to optimise its security apparatus in ways which can enhance the growth of economy.

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Published

2024-03-23

How to Cite

Ravichandran, R., & Rao, L. (2024). Challenges and Opportunities in the Indian Defence Sector: A Strategic Perspective - The Way Forward. The Management Accountant Journal, 58(9), 32–35. https://doi.org/10.33516/maj.v58i9.32-35p

Issue

Volume 58, Issue 9, September 2023

Section

Cover Story
Crossref
Scopus
Google Scholar
Europe PMC

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