How can India ensure local production while making a deal with a foreign firm for UAVs components
Discuss the significance of the deal between India and U.S. firm for developing UAV components locally and analyze how India can ensure local production.
- The deal between India and U.S. firm for developing UAV components locally is significant as it will reduce India's dependence on foreign nations for UAV technology and make India self-reliant in this sector.
- India can ensure local production by setting strict requirements for foreign firms to transfer technology and skills to India's local industries.
- India can also offer tax benefits and other incentives to local industries to encourage them to invest in the production of UAV components and other defense-related technologies.
- India can collaborate with foreign firms to establish joint ventures in India, where both Indian and foreign partners will work together to develop and manufacture UAV components locally.
- India can also encourage research and development in this sector and provide support to local startups to develop UAV components and other defense-related technologies.
- India should ensure that there is a robust supply chain for locally manufactured UAV components, which can meet the requirements of India's defense forces and also have the potential to be exported to other countries.
Answered
a year ago