A new procurement procedure in the works and strategic manufacturing projects will be key to implementing Prime Minister Narendra Modi’s plan to position India among the top defence producing nations in the world and give a boost to the economy as it battles with Covid-19.
In a review of the defence industry on Thursday evening, the PM emphasised on self-reliance and exports – twin objectives that will require the new procurement procedure that is in the final stages of implementation to give an advantage to domestic firms involved in manufacturing. Read More…
