Manufacturing of Defence Equipments

Manufacturing of Defence Equipments So far, Department of Industrial Policy and Promotion (DIPP) has issued 342 licenses to 205 Indian private companies for manufacturing of defence equipment such as Artillery guns, Tanks / Combat Vehicles, Unmanned Aerial Vehicle (UAVs), Helicopters, Radars, Warships etc. Since the beginning of the financial year 2014-15, 128 Industrial Licenses for defence have been issued to 97 Indian private companies. Government does not directly undertake export of defence equipment. However, to encourage export of defence equipment by Indian manufacturing companies, the Government has taken the following measures:- (i)Defence Export Strategy has been formulated and placed in the public domain. The Strategy provides for creation of an Export Promotion Body, engagin...
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