The company has spent Rs 761 crore as capex until
High on the list will be a hard look at just in time manufacturing processes and global supply chains, both of which have been found wanting in this crisis which again underscores the need to have a domestic industry that can supply our defence needs. And given the fiscal position the federal government will find itself in post COVID 19, we may need to look at whether the funds for big spending defence projects such as the Future Submarine could be better spent elsewhere for the ADF. When we finally emerge from this crisis, it is safe to say the world will have all changed and changed utterly.
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