India gets ready to absorb external supply shocks
Indian defence SMEs are gearing up to accommodate a slew of orders from domestic clients plus international OEMs looking to reduce the risk of sourcing from a single market such as China.
Industry supply chains have been severely affected following over-reliance on China for vital imports such as micro-electronics and other components embedded in integrated circuits, transistors, satellites, cruise missiles and UAVs.
‘There seems to be trepidation that China, given its increasing economic influence, could disrupt supplies of exports,’ said a senior official, speaking on condition of anonymity.
According to Raman Sopory, founder of Defence Aerospace Consultants India (DCAI), the
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