The Global Military Industrial Base: Insights and India’s Path Forward
The article discusses the importance of a strong Military Industrial Base (MIB) in the face of rising global conflicts. It highlights how leading nations like the U.S., China, and Europe maintain robust defense industries through budgets, innovation, and collaborations. Russia and China rely on state-controlled models, while India is transitioning towards self-reliance with initiatives like *Atmanirbhar Bharat*. India's MIB is growing with advancements in defense production and exports. Key steps forward include increasing R&D, streamlining procurement, strengthening MSMEs, and expanding international partnerships. India’s evolving MIB positions it as a rising defense player with significant global impact.