About a week ago, the defence ministry approved the sixth Positive Indigenization List (PIL) of 780 items, which will further curtail defence imports. The share of imports, which is about 35 per cent of the total defence procurement budget, has come down in the last two to three years.
India ensures safeguards for sensitive sectors in UK FTA
India and the UK have formalized a trade agreement, offering immediate duty-free access to a quarter of UK exports while safeguarding sensitive sectors like dairy
July 26, 2025