IN PARLIAMENT: MoD shares data on licensing & FDI ventures

The Government has so far issued 251 Letters of Intents (LOIs) / Industrial Licenses (ILs) covering 150 companies till January 2015 for manufacture of a wide range of defence items to public / private companies.  49 license companies covering 72 licenses have so far reported commencement of production.

So far 33 FDI proposals / Joint Ventures have been approved in Defence sector for manufacture of various defence equipments, both in public and private sector.


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