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Government reserved 75% of defence capital acquisition budget for purchases from local companies: Defence Minister – Indian Defence Research Wing

Government reserved 75% of defence capital acquisition budget for purchases from local companies: Defence Minister – Indian Defence Research Wing
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defence: Govt reserved 75 % of defence capital acquisition budget for purchases from local companies: Defence Minister Rajnath Singh

The move is to ensure adequate demand assurance for the domestic industries, he said at the India Manufacturing Show-2023 here, as he listed the steps taken for MSMEs in the defence sector. "We are the first government which imposed restrictions on itself for the import of weapons. We released five positive indigenisation lists, under which 509 equipment have been identified, the manufacturing of which will now take place in India," Defence Minister Rajnath Singh said.

Small-scale industries are backbone of India s economy: Rajnath

Small-scale industries are backbone of India s economy: Rajnath
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Kerala government launches insurance scheme for MSMEs

Kerala government launches insurance scheme for MSMEs
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