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Nine major reforms to promote MSMEs in Defence
Government has aggressively strived to engage MSMEs and startups with indigenisation programmes with the Defence sector in the last 2 years. Read more
Defence Ministry’s import embargo to open up Rs 4,000 bn opportunity for domestic industry
The list of 101 embargoed items comprises of not just simple parts but also some high technology weapon systems. Of these, items worth almost Rs 1,300 bn each are anticipated for the Army and the Air Force while items worth almost Rs 1,400 bn are anticipated by the Navy. Read more
Govt assures action on ease of doing business in defence Sector
Ajay Kumar, Secretary (DP) has assured the industry that the Ministry of Defence was keen to align procurement and production and the recently constituted Defence Planning Committee chaired by the NSA will also undertake this issue.Read more
Development of defence production corridors to boost indigenisation
The proposal of the Budget 2018-19 to develop two defence industrial production corridors is expected to promote indigenous manufacturing of defence equipment in the country. Read more