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...India faces a significant shortage of critical defence equipment, including fighter aircraft, submarines and helicopters, which India’s defence public sector undertakings (DPSUs) have been unable to address. This reality was publicly stressed yet again in March by a parliamentary standing committee on defence. If the Indian military is to manage this challenge, critical policy issues such as defence procurement reform need to be finalized. To address this issue, Prime Minister Narendra Modi and Parrikar introduced the concept of nominating “strategic partners” in defence production. ...Live Mint on April 4, 2017, 12:21 a.m.