SMEs in Defence Manufacturing and Procurement: Steps taken towards self-reliance in defence production
Defence procurement is conducted from three sources, foreign entities, defence public sectors undertakings (DPSUs) and the domestic private sector. The domestic private sector is comprised of large players (like Tata, Mahindra, Larsen and Tubro, Bharat Forge) and SMEs. Imports from abroad constitute almost 60% share of defence procurements. DPSUs and Ordnance Factories fulfil anywhere between…