Under Ratan Tata's leadership, the Tata Group invested heavily in the country's defence production sector and entered into JVs with global arms giants like Boeing and Lockheed Martin
Local partners like the Tata Group and AIESL are also involved in setting up these domestic MRO projects, while changes in taxation policy are expected to give the ecosystem a fillip
Tata Advanced Systems, Tata Advanced Materials, and some businesses of Tata Power Company and Tata Motors are part of the group's defence portfolio