Defence manufacturing adversely affected due to COVID-19: Defence Minister Rajnath Singh

New Delhi: Acknowledging the hardships faced by the defence industry, Defence Minister Rajnath Singh on Thursday said that the government has taken several steps for industries, especially MSMEs, including extension of response dates of RFP/RFI, earl...

FDI in Defence: Industries hail government for raising the cap

New Delhi: Lauding the government’s decision of raising the Foreign Direct Investment (FDI) in defence sector from 49 per cent to 74 per cent through automatic route, the defence equipment makers on Saturday said that the step would incentivise...