What we Indians fail to understand is that we need a military-industrial complex as capable as those of Russia or China. The Soviet Union no longer exists to supply us with weapons in exchange for fruits or food grains, as it did in the 1960s.
India has the potential to become one of the world's largest defence exporters, but we must build a strong indigenous defence industry. If we fail to develop our own turbofan engines to power our fighter jets in next 10 years, we will be at a disadvantage in a two-front war.
Two Front war may be highly unlikely, but India must be prepared for that possibility regardless.
The difference between a fantasy and an ideal lies in this: when we have a good idea, take concrete steps to pursue it, and ultimately bring it to fruition, we call it an ideal. If, however, that idea remains solely in one’s mind without any actual action being taken, then it is a fantasy.
And what you have here falls into the category of a fantasy, not an ideal.
I know that you, like many other Indians, will counter my argument by citing a whole list of what you call the "pride of India’s defense industry."
There is no need for us to engage in such pointless debate. We only need to answer one question:
Among the weapons and equipment currently fielded in significant numbers by the Indian Armed Forces, how many are truly and completely indigenous?
*By "truly and completely indigenous," I mean that the weapon or piece of equipment contains no raw materials or components sourced from abroad. If the design and technology are foreign, but all raw materials and components are produced domestically, it still counts as truly and completely indigenous.
Alright—now, go ahead and try to find the answer to that question.
And by the way, "PowerPoint products"—concepts that exist only on slides—or items still in the testing phase that have not yet been officially inducted into service, do not count.
Once you’ve clarified this issue, you can then go on to discuss your goal of “building a strong indigenous defence industry.”