Since Russia invaded Ukraine in 2022, the Ukrainian military and global defence companies have undergone extreme change when it comes to their workforce dynamics.

Data Lab | Ripple effects of Ukraine conflict: Ukrainian military & global defence sector's hiring surge

India stood at fourth spot in Global Firepower's Military Strength Rankings 2024, above nations like the United Kingdom and Japan. The United States has been ranked first, followed by Russia and China.

Budget 2024: What to expect for the defence sector

PM of India, Narendra Modi launched new defence firms today. "Under the self-reliant India campaign, the country's goal is to make India the world's biggest military power on its own and development of modern military industry in India," PM Modi said. "In the last seven years, the country has worked to carry forward this resolve with the mantra of 'Make in India'," he added.

PM Narendra Modi addresses India, speaks on development of modern military industry in country

India and the US are global partners in defence and regional security, a top US commander has said, as Defence Minister Nirmala Sitharaman toured the headquarters of the strategic Indo-Pacific command in Hawaii before concluding her maiden visit to America.

'US is leaning a way forward' in meeting India's needs and aspirations in defence sector: Officials

Sitharaman said the NDA government had taken steps to streamline the defence procurement policy in 2016 to "simplify the entire process".

Achieving self-reliance in the defence sector significant to country: Defence Minister Nirmala Sitharaman

An outlay of Rs 2.95 lakh crore was set aside for the defence budget for the next fiscal which is an increase of 7.81% over last year's Rs 2.74 lakh crore

Jaitley's defence outlay in Union Budget is lowest since India-China 1962 war

defence-sector

Defence Sector, News on Defence Sector, stories on Defence Sector, articles on Defence Sector, Defence Sector stories at Wion, Defence Sector news, Defence Sector latest news