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Reliance Seeking 16 more Defence Manufacturing Licences

India’s Reliance Group has applied for another 16 licenses in areas ranging from missiles to radar in India. Previously, the company had applied for licenses for the manufacturing of aircraft, chopper and have got conditional approval to 11 proposals of eight subsidiaries of Reliance Infra from the DIPP. Reliance Defence also has strategic plans to set up a maintenance, repair, overhaul and upgrades of various platforms.

Source:http://www.newindianexpress.com/business/news/Reliance-Group-Seeks-12-More-Defence-Manufacturing-Licences/2015/12/03/article3159067.ece

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