The defence ministry said the aim of the move is in sync with the government’s overall aim to promote ‘Aatmanirbharta’ (self-reliance) in defence production.
General Rawat, who was speaking at a conclave of foreign defence attaches at the Constitution Club, further said that India is committed to the ethos of indigenisation of defence production. The conclave was also attended by Navy Chief Admiral Karambir Singh.
India's defence industry received foreign direct investment (FDI) of a meagre USD 2.18 million during 2018-19, the Parliament was informed on Wednesday.
New Delhi: Regressive foreign direct investment (FDI) policy of the government has hurt Indian defence industry, the Federation of Indian Chambers of Commerce and Industry (FICCI) has said.In a communication addressed to the secretary of
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