Trends in global defence industry have impinged India in many ways. Indias defence industry has witnessed significant changes since the end of the Cold War. In the 1990s changes in both institutional and policy spheres became more prominent. The most far reaching change that has occurred in recent years in Indias defence-industrial sector is related to its opening up to the market. Long protected as a closed sector Indias defence industry has now opened up for private participation. As if this w