In this episode of the State of Economy Podcast, businessline’s Dalip Singh speaks with Major General (Dr) Ashok Kumar (Retd.), Director General of the Centre for Joint Warfare Studies, about the year’s defining moments for India’s defence sector. As Director General of the Centre for Joint Warfare Studies, General Kumar provides invaluable insights into the recalibration of India’s defence strategy amidst global geopolitical shifts. 

General Kumar discusses the delicate balancing act India faces between its defence relationships with Russia and the West, particularly with regard to the ongoing Russia-Ukraine conflict. 

He highlights the positive developments in India’s military ties with China, with key agreements reached in October 2024, signaling a step towards peace and stability at the borders. As India seeks to bolster its defence capabilities, General Kumar emphasises the importance of preparing for future conflicts by ensuring self-reliance in defence manufacturing and maintaining a strong, indigenous military force. 

Looking ahead, General Kumar forecasts an era of significant transformation in India’s defence sector. In 2025, India is expected to announce the much-anticipated military theaterisation, further enhancing its operational efficiency 

Also, the focus on indigenous production is expected to grow, with India aiming to produce more of its defence equipment domestically. The burgeoning defence export sector, including high-demand products like BrahMos missiles, is poised for substantial growth, with exports anticipated to reach between 50 – 50,000 crore in the coming year. 

Whether it’s the transformation of defence forces or the ongoing pursuit of technological innovations, the episode offers a comprehensive view of India’s defense outlook for 2025 and beyond. 

(Host: Dalip Singh; Producer: Prethicshaa )

About the State of the Economy podcast

India’s economy has been hailed as a bright spot amid the general gloom that seems to have enveloped the rest of the world. But several sectors continue to stutter even as others seem set to fire on all cylinders.

Published on December 22, 2024