Neither the government nor the Indian private sector has the risk appetite to make the investments required to build the infrastructure for the aerospace and defence sector. Cmde. Sujeet Samaddar advocates inorganic growth must be recognised as a useful tool for the growth of this sector and FDI is the...
It is necessary to streamline and simplify the existing process of issue of IL, so that obtaining an IL is no longer a daunting task for the industry. Besides, there are also certain grey areas and issues which require clarity for the guidance of industry.
Ever...
The year saw augmentation of Nation's defence preparedness by adding new weapon systems and displayed the nation's prowess and self-reliance in advanced missile technology development programme with the successful test flight of 5000 Km range ICBM Agni-V, launching of long-range cruise missile Nirbhoy and continued successful user trials of Agni-II,...