Even as New Delhi and London talk up the importance of their “strategic partnership” and exchange top-level political visits, the UK defence industry is thinning out from India.
Business Standard learns UK defence industry body ADS Group (the acronym encompasses “aerospace, defence, security and space”), which represents over a 1,000 defence firms, is shutting down its India office from March 31.
Since 2002, when ADS Group opened an office in New Delhi, it has been only its second foreign station after Toulouse, France. In 2009, ADS Group opened another office in Bengaluru. “With its massive defence budget, a booming civil