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FDI in defense - fool's paradise

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FDI in defense - fool's paradise Empty FDI in defense - fool's paradise

Post by confuzzled dude Tue Apr 14, 2015 7:50 pm

FDI in defence is an incorrect answer to wrong questions, a false solution to problems not posed properly. If self-reliance can be achieved in the strategic fields of space and nuclear technology, through dogged pursuit and by creating institutions of excellence with political support, there is no reason why it cannot be done in the equally strategic area of military hardware. India even has a Minister of State for Defence Production but nobody seems to know what the office is meant to do.

No self-respecting nation of India’s size and technological capability can or should accept dependence on foreign manufacturers for defence requirements, whether directly through imports or indirectly through FDI. This is not just about national prestige but a matter of vital national interest.
http://www.thehindu.com/opinion/op-ed/fdi-in-defence/article7102328.ece?homepage=true

confuzzled dude

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