Indian Defence Industry
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Defence Production Value Crosses Rs 1 Lakh Crore-Mark For 1st Time: Centre
The value of defence production crossed Rs 1 lakh crore-mark in 2022-23 - the first time ever in the country, the central government said on Friday.
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Government's New Defence Rules: Less Blacklisting, More Penalties
In sweeping changes to boost India's arsenal, the government is set to allow foreign defence manufacturers to enlist "agents" to assist them in deals. If the companies violate rules, they won't be blacklisted but will need to pay a heavy penalty, top defence ministry officials have told NDTV.
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Defence Production Value Crosses Rs 1 Lakh Crore-Mark For 1st Time: Centre
The value of defence production crossed Rs 1 lakh crore-mark in 2022-23 - the first time ever in the country, the central government said on Friday.
-
Government's New Defence Rules: Less Blacklisting, More Penalties
In sweeping changes to boost India's arsenal, the government is set to allow foreign defence manufacturers to enlist "agents" to assist them in deals. If the companies violate rules, they won't be blacklisted but will need to pay a heavy penalty, top defence ministry officials have told NDTV.
