Addressing the 4th Atal Bihari Vajpayee memorial lecture, Mahindra Group Chairman Anand Mahindra says, “…Without industry as an actor first two prongs military and soft power would only be pale shadows of themselves. Let’s take military power, to begin with. The development of the military-industrial complex in America was the pivotal factor in building the might of its armed forces and of course, there was substantial government funding and spending on military research for sparking innovation. However, it was the formidable manufacturing capabilities of large American corporations that provided the muscle and sinews of American military power. Today there is a huge opportunity for an Indian version of a military-industrial partnership to emerge. We welcome the lists of defence hardware that have been put out by the Defence Ministry and which ensure that certain products can only be sourced from Indian suppliers. A step that speaks of confidence in the Indian industry and that’s a promise we will fulfill…”
Huge opportunity for Indian version of military-industrial partnership to emerge: Anand Mahindra – The Economic Times Video
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