‘MAKE IN INDIA’ GENERATES 96 DOMESTIC DEFENCE CONTRACTS AND 58 DEALS WITH FOREIGN VENDORS

India’s MoD has disclosed that in the three financial years ending in 2017 the government has awarded Acceptance of Necessity (AoN) for 148 capital acquisition proposals. One hundred and five of those proposals, together worth about Rs. 2,33,000 crore, were categorised as ‘Buy (Indian-IDDM)’, ‘Buy (Indian)’, ‘Buy and Make (Indian)’ or...

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