मैगज़्टर गोल्ड के साथ असीमित हो जाओ

मैगज़्टर गोल्ड के साथ असीमित हो जाओ

10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ

$149.99
 
$74.99/वर्ष
The Perfect Holiday Gift Gift Now

In Defence of industry

Financial Express Chandigarh

|

November 29, 2025

ETHICS IN INDIGENISATION IS IMPORTANT BUT JUST BLAMING MANUFACTURERS IS UNFAIR

- SHYAMAL MAJUMDAR

INDIA'S PUSH TOWARDS self-reliance in defence has gathered undeniable momentum over the past decade.

Procurement policies have been reoriented, private sector participation is rising, and the defence export pipeline is finally beginning to look credible. Yet, a pointed caution by the Chief of Defence Staff (CDS) recently serves as a timely reminder: inflated or misleading claims of “indigenisation” by defence manufacturers—public and private—can set back the very mission they claim to advance.

At the heart of self-reliance in defence lies a simple expectation: India must genuinely reduce technological dependence, not merely repackage imported components. When companies exaggerate the extent of local content, or pass off assembled systems as indigenous products, it weakens trust between the armed forces, industry, and policymakers. Worse, it distorts procurement decisions, misallocates taxpayer resources, and discourages true technological innovation.

The CDS’s warning signals a growing concern that indigenisation is sometimes turning into a branding exercise rather than an engineering one. When firms tweak designs superficially, replace minor subsystems, or rely on foreign intellectual property (IP) while calling the end product “Made in India”, they may tick policy boxes—but they do little to build national capability.

For India’s defence ecosystem to mature, ethical transparency around what is genuinely indigenous is indispensable. Defence manufacturers must embrace rigorous disclosure standards—clearly stating the origin of components, the depth of local design, and the degree of technological ownership. A culture of honest reporting will enable fair competition, better procurement evaluation, and targeted policy support for companies investing in real R&D rather than cosmetic localisation.

Financial Express Chandigarh से और कहानियाँ

Financial Express Chandigarh

Yen weakens across board after BOJ delivers rate hike

CENTRAL BANK SAYS IT WILL KEEP RAISING RATES IF FORECASTS MATERIALISE

time to read

1 min

December 20, 2025

Financial Express Chandigarh

'Expect a couple more REITs to come in by 2026'

While residential markets faced headwinds this year, the office sector recorded 60 million square feet of gross leasing between January and September 2025, the highest for the first nine months of any year.

time to read

2 mins

December 20, 2025

Financial Express Chandigarh

Putin: Russia ready to end war, but sans compromise

PRESIDENT VLADIMIR PUTIN said he's willing to discuss bringing Russia's war in Ukraine to an end, even as he ruled out changes sought by Kyiv and Europe to a US peace plan drawn up with Moscow.

time to read

1 min

December 20, 2025

Financial Express Chandigarh

Funds for rural roads scheme see gross underutilisation

STATES’ SPENDING CAPACITY LIMITED

time to read

2 mins

December 20, 2025

Financial Express Chandigarh

'Capacity limit costs Mumbai the hub race'

Adani Airport Holdings (AAHL) has laid down the expansion plans for its airport business, but for Jeet Adani, director airports, the larger strategic context is Mumbai's missed opportunity to become India's primary global aviation hub.

time to read

2 mins

December 20, 2025

Financial Express Chandigarh

Flipkart buys majority stake in Minivet AI

WALMART-OWNED FLIPKART has struck a deal to acquire a majority stake in Minivet AI, an AI and machine learning solutions provider, as the e-commerce major looks to strengthen its generative AI capabilities for visual and conversational commerce.

time to read

1 min

December 20, 2025

Financial Express Chandigarh

TikTok signs deals with investors to avoid US ban

TIKTOK'S CHINESE OWNER, ByteDance, on Thursday signed binding agreements to hand control of the short video app's US operations to a group of investors, including Oracle, in a big step toward avoiding a US ban and ending years of uncertainty.

time to read

1 min

December 20, 2025

Financial Express Chandigarh

RBI measures push rupee above 90-mark

THE RUPEE POSTED its strongest single-day gain in over three years on Friday, rising above the 90-per-dollar mark late in the session, as the central bank intervened to shore up the currency and curb speculative bets, traders said.

time to read

1 min

December 20, 2025

Financial Express Chandigarh

Boards in a ‘no second chances’ era

In an era of data explosion and real-time disruption, directors are expected to invest deep preparation, continuous learning, and sustained availability

time to read

3 mins

December 20, 2025

Financial Express Chandigarh

File revised returns if AIS is showing additional income

YOUR QUERIES: INCOME TAX

time to read

2 mins

December 20, 2025

Listen

Translate

Share

-
+

Change font size