Unlocking India for the defence industry

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The arrival of the Modi administration in India is starting to show evidence of a more progressive approach to competition. A country that now accounts for over 17% of the world’s population has struggled to keep pace with its fellow Asian giant China’s growth, held back by an ageing and under-invested infrastructure that has fallen badly behind population growth, industrialisation and urbanisation. At the same time the problem of pervasive corruption and stringent limits on fore...
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