the producers, particularly micro, small and medium enterprises (MSMEs) and
start-ups, should strive for greater indigenisation in arms manufacturing, Ajay Kumar,
Secretary, Department of Defence Production, acknowledged right here on Friday.
He mentioned, ” India is the world’s largest importer of defence tools, with 60 per cent
of its necessities met from exterior the nation.
This interprets into an amazing enterprise
alternative for these constructing home capabilities in defence sector.
Mr Kumar was talking by means of video conferencing on the two-day National seminar
on “Defence Production: Public-Private Partnership-Focus Eastern India” organized by
Bharat Chamber of Commerce (BCC) in the town.
He mentioned, “Make in Inida” initiative of the Central authorities is specializing in the indigenous manufacturing in defence business by way of public-private partnership mannequin, which
offers huge enterprise alternatives to non-public sectors.