Sep 15, 2017 SOURCE: © CTO Data Services Co.
MAKE IN INDIA’ POLICY SEES 25 PERCENT UPLIFT IN AWARD OF DOMESTIC DEFENCE CONTRACTS
India has approved 103 proposals worth about Rs.2,46,400 crore ($376m) under the ‘Buy (Indian-IDDM)’, ‘Buy (Indian)’, ‘Buy and Make (Indian)’ and ‘Make’ categories of capital acquisition in the last three financial years.
The IDDM category of acquisition—for products “IndigenouslyDesigned, DevelopedandManufactured”—covers defence equipment that has been designed and developed in-country and has...
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