India’s Defense Budget Shows Cautious Increase
India is maintaining funding for major procurement programs, but there is no major increase, and there are big changes in the supplier approval process.
Due to changes in CEMILAC’s approval process, large companies such as HAL (whose product portfolio includes the ALH helicopter) may now find themselves competing with small entities for defense business. (photo: Neelam Mathews)
Due to changes in CEMILAC’s approval process, large companies such as HAL (whose product portfolio includes the ALH helicopter) may now find themselves competing with small entities for defense business. (photo: Neelam Mathews)