New Delhi, May 23
In response to shifting global dynamics, India will need to significantly ramp up investments in military hardware, space technology, drones, air defence systems, aircraft carriers, smart grids and power infrastructure, a report showed on Friday.
“Operation Sindoor” has showcased a transformative application of advanced air warfare, missile systems, and drone technology, reinforcing the strategic importance of the “Make in India” initiative.
“As global powers seek to expand their footprint in Southeast Asia, geopolitical uncertainties are expected to intensify,” according to the report by PL Capital.
Additionally, the suspension of the Indus Water Treaty is likely to unlock new opportunities across engineering, procurement, and construction (EPC), pumped storage projects (PSPs), and hydroelectric equipment, it added.
PL Capital believes geopolitical complexities are on the rise and are likely to intensify in the near future. While the Middle East has long been a region of fragile stability, Southeast Asia now finds itself on the brink of disruption.
The growing involvement of global powers in India’s neighbourhood is expected to heighten tensions across various fronts, potentially reshaping existing alliances, triggering economic volatility, and increasing the risks of conflict, terrorism, and regional instability, the report mentioned.
Recent developments surrounding “Operation Sindoor” mark a significant step in India’s emergence as a global military power.