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Sunday, June 7, 2026

Bharat Must Treat Defence R&D As A High-Return Venture Fund

“India Must Treat Defence R&D As A High-Return Venture Fund”, Swarajya, May 13, 2024

“The conflicts in Ukraine, West Asia and Venezuela have heralded a military renaissance, with five distinct characteristics: the rising power of combat asymmetry, the salience of cost in creating military inventories, transformations in the character of war, the advent of algorithmic warfare, and a metamorphosis in the business modelling of combat and national security products.

Cumulatively, the aforestated are not only impacting the metrics of deterrence, warfighting, doctrines, strategising, and operational philosophies, but also the very economic underpinnings of national security.

In this light, it is imperative for both our security mandarins and our economic statecraft to take note of the developments, adapt, and restructure…….”

Read full article at swarajyamag.com

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