Monthly Sector Update | Aerospace & Defence | August 2021
The Indian defence government entities are going through a decisive phase of change where decisions to restructure (OFB) and disinvest (BEML) are fructifying after a long deliberation. These are harbingers of the revitalisation of the Indian Defence Industry with the synergized merger of Public-Private capabilities. The defence industry is eagerly anticipating changes in trial procedures adopted by the defence forces. The Defence Testing Infrastructure Scheme is the catalyst to shortening durations, as it gives scope for certification and simulation testing.