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Private Participation in Defence Production

Private Participation in Defence Production Since the opening of the private sector participation in defence sector, a total of 287 Industrial Licenses have been issued till date. Further, the FDI amounting to US$ 5.02 million has been received in the defence industry sector so far. The information relating to actual investment made in respect of Industrial Licenses is not available. Some of the major initiatives taken by the Government to attract investment from domestic private sector companies in defence production are given below:-   The Defence Products List for the purpose of issuing Industrial Licences (ILs) under IDR Act has been revised and most of the components, parts, sub-systems, testing equipment, production equipment have been removed from the List, so as to reduce...
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