Sandeep Shah - The announcement of a record 75 per cent allocation, approximately Rs 1 lakh crore, to the domestic industry in the fiscal year 2023-24 signified a bold leap towards fostering Aatmanirbharta or self-reliance in defence, , Sandeep Shah, Optimized Electrotech, budget 2024, India’s Defence Sector, Atamnirbhar Bharat, Defence startup
Interim Budget: India s defence strategy faces a Budget conundrum as it grapples with potency versus pragmatism. The mother of all procurements, the MMRCA program by the Indian Air Force, stumbled, securing only 36 Rafale jets out of the intended 126, plunging squadron strength to a mere 32. Similar shortcomings echo in the Indian Army and Navy, raising concerns about defence allocations in the next fiscal year amid impending elections and the need for welfare measures. India s ambitions to become a global leader in defence technology face a funding hurdle, as noted by a parliamentary committee s recent report.
iDEX-DIO is set to unveil an innovative pavilion showcasing cutting-edge technologies in the realms of Unmanned Solutions, Artificial Intelligence, Cyber Security, and Advanced Materials, , Vibrant Gujarat Global Summit
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