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Balu Forge Industries Ltd highlights Defence Production as the next catalyst for its growth
Posted On:
2021-04-06 10:19:23
(Time Zone: Arizona, USA)
The Indian Government has given a great Impetus to Domestic Factories to take part in Defence Production in the recent years in a strategy to make the Indian Defense Industry self reliant / Aatmanirbhar . A large part of the procurement program has also moved to the Private Sector with a considerable investment made by the Indian Industry to support the Indian Defence Production. The Government had also in 2020 barred a majority of Import Procurement by the Defence Companies giving a further rise to Home Grown Companies actively participating in the Indian Defence Sector. ....

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