Friday, July 30

Tag: Ordnance factory board

Self-Reliant India In Defense Sector

Self-Reliant India In Defense Sector

All, India, Science & Technology
The defense sector is one of the sectors, which take time to make money after investing. There is a need for big capital for investing in one time. Till now returns after the investment was not guaranteed in India. But now the government is determined for this investment. India used to import most of the defense equipment at one time. But now it has come into the role of exporter in the defense sector.  Under the self-reliant India campaign, the central government has banned the import of 209 weapons and defense equipment to promote the domestic defense industry. Now they will be bought from indigenous sources only. Seven companies under the defense sector The study was being done for the last two decades to bring changes and improvement in the functioning of the Ordnanc...