Wednesday 18 April 2018

The export target for Defence equipment has been fixed at Rs 35,000 crore by 2025

SOURCE: Business Standard The Draft Defence Production Policy 2018, under consideration now, envisions India to be one of the world’s top five defence producers by 2025 with self-reliance in 13 areas covering almost the entire range of weapons and systems. The export target has been fixed at Rs 35,000 crore ($5 billion) by 2025. The FDI limit is […]

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