Interviews

Foreign arms makers will be lining up to make weapons in India

India Global Business Staff
In an exclusive interview with India Global Business, strategic affairs expert Nitin Gokhale discusses how the negative list of imports is likely to encourage the domestic manufacture of defence platforms as foreign OEMs will be more comfortable transferring technology to companies in which they have majority control.
In a move that renewed hope in India’s civil aviation circles, and sent waves of optimism in business circles, the Tata Group acquired beleaguered national carrier Air India for $2.4 billion last week. The transaction will be completed by December 2021.

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