India's defence industrial base continues to be associated with a huge amount of inefficiency. Measured in any performance parameter such as innovation, customer satisfaction, timely delivery, productivity and export earnings, they portray a rather dismal picture. India is the world's largest arms importing country with about 13% share in the global arms import during 2012-16 as per SIPRI data. No Indian would be happy with the label of world's largest importer of arms. Indeed, there is displeasure over the fact that a technologically dynamic country like India should continue to import a substantial volume of defence hardware. In fact, with 40 ordnance factories and eight state owned high profile defence enterprises around, it is inconceivable that India is far from self sufficient in meeting the needs of its armed forces. Fact of the matter is despite hype on “Make in India”, which talks big on private sector participation, not a single major contract of significance has been awarded to private sector. Instead the order book of the state-owned entities have been swelling without competitive process, but on a golden platter handed over to them by the government on nomination basis. Resultantly we are likely to retain our World ranking in Defence Import.
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