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MoD sets up task force to select Indian private companies for mega defence projects

 The Ministry of Defence (MoD) has set up task force under Dr VK Atre to recommend the criteria for Indian private companies for mega 'Make in India' defence manufacturing projects in sectors such as aircraft, warships, armoured fighting vehicles complex missile systems, command and control networks and critical materials. The task force committee will function within two weeks and will interact with representatives from the industry, armed forces, defence ministry, banking sector, credit rating agency, specialized consultancy etc. The task force is to submit detailed criteria at the earliest for incorporation into the new defence procurement policy being planned by the ministry.

Source:http://economictimes.indiatimes.com/articleshow/48877307.cms?cfmid=11001099&utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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