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Defence Secretary Ajay Kumar has been driving policies and reforms in aerospace and defence to transform what is potentially marked as the most promising areas for industrial growth. In an exclusive interaction with Manish Kumar Jha of BW Businessworld, the Defence Secretary outlines his key policy direction, that is, ‘Make in India’ in Defence. He talks about the major acquisition plans and strategic partnerships on crucial projects – 75I submarine, AK 203-joint production line, light tank and the critical aero-engine technology. He also clarifies the key policy aspects on offset and FDI in defence and is forthcoming about the need to create a more level-playing field, testing labs, certification processes and systems for other players.Read More…
