HomeNewsOpinionBudget Snapshot: Why lower budgetary support for defence research is not bad for the sector

Budget Snapshot: Why lower budgetary support for defence research is not bad for the sector

Moneycontrol Opinion • July 03, 2024 / 10:56 IST

Even if the upcoming budget does not significantly increase the defence allocation for research, there is little cause for concern. DRDO is poised to increasingly act as a nodal agency, sharing research and production responsibilities between the private and public sectors.

Defence spending

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