Government clears implementation of 'Make in India' defence policy
Updated : July 31, 2018 06:50 AM IST
The first project to kick off the long-delayed Strategic Partnership policy will be 111 utility twin-engine helicopters worth an estimated Rs 21,000 crore for the Indian Navy.
The decision to implement the policy was taken at a meeting of the Defence Acquisition Council, the highest decision-making body on procurement.
Apart from allowing private manufacturers, it also keeps the door open for defence PSUs and the Ordnance Factory Board to tie up with foreign original equipment manufacturers to make big-ticket military hardware.
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