Defence and aerospace sector for seeks separate finance corporation on the lines of Indian Railway Finance Corporation (IRFC).
“Considering the huge potential of industrial growth in defence and aerospace (both civil and military) and challenges of meeting the financial needs for mega aviation projects in India, it is important to think of establishing an organisation like Indian Defence Finance Corporation (IDFC) on the lines of IRFC,” said Dr. R. K. Tyagi, Chairman of Aeronautical Society of India (AeSI) and former Chairman-HAL.Read More…
