Indian Defence Firms Need To Invest More In Innovations And R&D To Keep Pace With Global Standards: Report

India needs to develop a credible high-performance high-specific-thrust/low-bypass-ratio turbofanNEW DELHI: Indian defence firms are significantly trailing behind their global counterparts in research and development (R&D) intensity, despite substantial overall spending.According to Foundation for Advancing Science and Technology (FAST India) in collaboration with IIFL Securities, these firms
India needs to develop a credible high-performance high-specific-thrust/low-bypass-ratio turbofanNEW DELHI: Indian defence firms are significantly trailing behind their global counterparts in research and development (R&D) intensity, despite substantial overall spending.According to Foundation for Advancing Science and Technology (FAST India) in collaboration with IIFL Securities, these firms
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