I agree with bith of u. Import substitution is the way to go as it will open up a whole sort of new industries which were not there before, benefiting the local economy. But my point is that defence is a capital and tech intensive industry and initially there are very little profits to be made...
Thanks. I am told the production will start in december and the first copy will be rolled out in march. Perhaps the first copy takes that long to be made. Anyways lets hope for the best.
I mean the total defence exports of the country which is at $200 million at the moment. For any industry to take off u need to achieve the $1billion dollar threshold.
I think the private partnership is not going to materialise untill the defence exports of the country gain the critical mass that is one billion dollars. Once this threshold is achieved they may be allowed partnership.
Please bring back the old layout. The navigation has become so cumbersome. It worked so well for us for the last decade or so. I think there was no need to change it.