SOURCE: ANI
Maggie Feldman-Piltch, Founder and Managing Director of Unicorn Strategies, has all the praise for India’s ‘Make In India’ initiative for defence production and its growing partnership with the United States.She emphasized the lessons India can draw from transatlantic security cooperation and the critical role of international collaborations in strengthening India’s defence technology sector. In an exclusive during the Munich Security Conference (MSC), she said, “The Make in India initiative makes sense and is in line with a great deal of the trends we see around the world, particularly in Europe.”
Feldman-Piltch highlighted that Europe has been actively discussing the need for balancing defence production, a topic resonating globally. She pointed out that India, despite being the largest democracy and the world’s biggest importer of defence equipment in 2023, has a relatively low level of defence manufacturing.