The Modi government has opened up the defence sector to 100 per cent FDI. The goal is to make India a defence manufacturing hub and end its dependence on imports. All that spells a huge opportunity for the private sector
And with every terror attack sponsored by Pakistan, like Pathankot, the cost only goes up, as the IAF now has to enhance security of all airfields. So the dream of India becoming a regional power has to remain, for now, only a dream.