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The Rise in the Defence Infrastructure and Defence Development of India

Author

Listed:
  • kartikey vashisht
  • kartikey gupta

Abstract

After independence, India faces many problems in each sector and one of them is defence. Through time and patience, we developed and evolve, and realised our loopholes. Currently Indian military ranks 4 out of 145 in the annual global firepower index after the USA, Russia, and China.[1] To maintain, improve and upgrade the military, India’s spending on defence infrastructure is increasing year after year. The defence ministry gets one of the biggest parts of India’s funds. There is various in-house production as well as joint ventures with foreign defence companies.

Suggested Citation

  • kartikey vashisht & kartikey gupta, 2023. "The Rise in the Defence Infrastructure and Defence Development of India," Journal of Studies in Dynamics and Change (JSDC), ISSN: 2348-7038, Voices of Inclusive Change and Expressions- (VOICE) Trust, Dehradun, Uttarakhand, vol. 10(1), pages 41-49, January-M.
    • Handle: RePEc:sdc:journl:v:10:y:2023:i:1:p:41-49
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    More about this item

    Keywords

    Defence infrastructure; Military expenditure; Indian economy;
    All these keywords.

    JEL classification:

    • F52 - International Economics - - International Relations, National Security, and International Political Economy - - - National Security; Economic Nationalism
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

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