India Inc on Sunday said the Centre’s decision to impose restrictions on import of 101 weapons and military platforms, and creation of a separate budget for domestic capital procurement in the current financial year is a ”path-breaking” reform towards becoming self-reliant and will boost indigenous defence manufacturing.
In a major reform initiative to boost the domestic defence industry, Defence Minister Rajnath Singh on Sunday announced restrictions on import of 101 weapons and military platforms, including artillery guns, assault rifles and transport aircraft. Read More…
