Outsourcing & Vendor Development Guidelines for DPSUs and OFB

Defence & Aerospace sector is expanding globally and India is emerging as one of the largest defence markets. To boost the growth of Indian defence & aerospace industry, Government has simplified Licensing policy for manufacturing of defence products and raised FDI limit to 49%. In order to achieve the goals of self- reliance and efficiency, DPSUs/OFB and Indian Private Industry need to work in tandem. Outsourcing needs to be adopted as a Business Strategy to develop state- of–the-art technologies with long term vision to attain self-reliance by strengthening partnership with Indian Private Industry. This will propel, Indian Defence & Aerospace Industry to become internationally competitive in the long run.…………….Please Log in or Subscribe to view full details…..

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Helpline 1090