Introduction In last seven decades, private sector’s participation in India’s defence industrial ecosystem was dismally limited. Further, innovations were largely fragmented and indigenous supply chains were underdeveloped. India’s defence preparedness was contingent on foreign suppliers for major platforms, critical technologies and advanced military equipment. Military hardware was either imported or manufactured under licence with limited…

More than fifteen weeks after the outbreak of hostilities in end February 2026, US and Iran have declared a diplomatic breakthrough that may formally end the US blockade of Iranian ports and reopen Strait of Hormuz. The crisis has again demonstrated how regional conflicts in West Asia can quickly create global economic consequences. The agreement,…

Introduction In the evolving West Asian geopolitical landscape, the Strait of Hormuz has emerged as the fulcrum of global energy security. Apart from a maritime passage, it is now a critical geographic vulnerability with immense implications on the global economic system. The continuing conflict in the region highlights the effectiveness of disruption over outright closure,…