India - The Emerging Nation of Peace & Power
India, the world's largest democracy and second-most populous country, has been making significant progress to establish itself as a strong and peaceful nation. With Prime Minister Narendra Modi in charge, the nation has strengthened its links with significant world powers, strengthened its economy, increased its defense capabilities, and achieved admirable strides in the scientific and technology fields.
Events:
With invites from nations like the United States, France, and Russia to be the principal guest, Prime Minister Narendra Modi has established himself as a well respected worldwide leader. He has addressed the world in a number of significant forums, including the COP26 summit and the United Nations General Assembly. India's young and vibrant population has significantly contributed to the country's economy's spectacular growth. This may be seen in the GDP growth of the nation, which was 20.1% in the first quarter of FY 2022–23, making India the world's fastest–growing major economy.
Under PM Modi's "Make in India" philosophy, enhancing India's defense capabilities has been a top priority. Increased indigenous manufacturing and decreased reliance on imports are the objectives. With the aim of acquiring or producing cutting-edge defense technology on Indian territory, the nation has struck multiple deals with the US and France. A contract was signed in October 2021 with General Electric to domestically produce F414 engines for India's Tejas fighter planes. The arrangement, which is expected to cost $600 million, would lead to the creation of thousands of employments in both countries.
In November 2021, Prime Minister Modi signed two contracts in France with Safran and Dassault Aviation for the production of M88 engines for India's Rafale combat planes. The deals, which are valued over $2 billion, will increase India's strategic autonomy and level of defense independence.
Facts:
In order to co-develop the GE-414 engine, France has suggested a joint venture with India.
On this project for the cutting-edge multi-role combat aircraft, French defense major Safran will work together.
In keeping with the goals of PM Narendra Modi, the planned engine will be produced in India.
The US International Trade in Arms Regulation apparently does not apply to the French technology.
The director of the DRDO, Dr. Samir V Kamat, has traveled to France to the engine factory and R&D facility.
In India, Safran plans to construct an advanced gas turbine technology center.
The maintenance, repair, and refurbishment of LEAP and M-88 engines are all part of the French agreement.
General Electric will produce military jet engines in India under a U.S.-India agreement.
From a US firm, India is most likely to buy MQ-98 SeaGuardian drones.
American IT firms Micron Technology, Applied Materials, and Lam Research are heavily investing in India.
Conclusion:
India is growing as a nation that promotes peace with strong economic growth, great defense capabilities, and a significant worldwide presence under PM Modi's direction. In the next 10 to 15 years, India is expected to surpass China and become one of the world's top three economic powers, playing a key role in resolving global issues.