India’s foreign procurement in capital defence purchases has fallen sharply from nearly half of total spending in FY19 to just 12% in FY25, marking a decisive shift toward domestic manufacturing under the Atmanirbhar Bharat program.This transformation is driven by successive Positive Indigenisation Lists, ring‑fenced budget allocations, and record defence exports, though challenges remain in
India’s Foreign Defence Procurement Falls To 12% As Indigenisation Drive Accelerates
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