FDI in armament technology and production of arms for exports cannot be an end in itself as every policy decision is required to be linked to the needs of the people. Relying on an ad hoc decision making process, without a carefully considered overall perspective on the implications of FDI in armament technology, is not a substitute for building a comprehensive plan and robust policy for the country’s inclusive growth, development and security.
Admiral Vishnu Bhagwat
Admiral Vishnu Bhagwat, PVSM , AVSM is a former Chief of the Naval Staff of India. After graduating from the National Defence Academy, he was commissioned into the Indian Navy on 1 January 1960. In his 36 years of service he was actively associated with the 1961 Goa Liberation Operations and 1971 Indo–Pak war. A graduate from the National Defence College Bhagwat was conferred with the Ati Vishisht Seva Medal (AVSM) in 1986 and the Param Vishisht Seva Medal (PVSM) on 26 January 1996.