That is true, they want a perfect product on day 1 without investing a paisa in it, expecting OEM to do multiple rounds of testing for years and years.
No one but PSU can afford that, and that's why we don't have domestic MIC.
Army and IAF have this cringe attitude, not the navy though.
100%
private companies who are accountable to a board/shareholders need dependable consistent cash flows and the ability to forecast reliably their order books in the short/medium/long term. The Indian military procurement circus allows for none of this
listen to the comments by L&T’s leadership:
This is reiterated pretty much every time Indian private players in defence comment
It blows my mind that almost every other government ministry can get on top of this and many are dealing with budgets on par with the MoD. The railways for instance is able to write, float and close tenders within 2-3 years now worth billions and this applies both in a IDDM and buy (global) context. Look at Vance Bharat trains and the recent 9000HP freight train tender that Siemens won.
it’s an absolute disgrace that almost 9 years into their term NDA/PMO have not been able to get to grips on this circus and bring it to heel. That too after some of the most dynamic of strategic/tactical circumstances in recent years (Pathankot,Pulwama, Doklam, Galwan etc).