He said unless the opening of the FDI rules is accompanied by some reasonable possibility of getting orders, an investor is not going to set up an establishment in the country.
The MOU also provides for establishing an incubation centre to help development of new products for defence, as import substitute or otherwise.
In its report submitted in the parliament in the ongoing session, the committee, headed by Maj Gen BC Khanduri (retd), has noted that the projects of MAP are running behind schedule by at least two years.
Delhi needs a policy framework and engagement with Washington to take advantage of a tech revolution critical for its own security
A close look at what the strategic partnership model means, and the debate around its pros and cons.
NDA government has granted about 22 industrial licences to Gujarat to set up defence manufacturing units in the state.
Ministry of Defence has conveyed to a delegation from US companies — they held a meeting with ministry officials Monday morning — that the DPP rollout date has been scheduled for December 15.
White paper stresses maritime defence; not all convinced China doesn’t plan incursion into India waters.
China’s defence budget rose by 12.2 per cent in 2014, riding on a multi-year run of double-digit increases.
Will build an industry that will have room for everyone–public sector, private sector and foreign firms, says PM Modi.
Modi said that both countries will explore cooperation in areas of advanced defence technologies.
Parrikar was speaking at the inaugural function of the navy’s Information Management and Analysis centre (IMAC) in Gurgaon.
Rly Ministry told to begin detailed survey.
So far, government has kept the scoreboard moving with singles.
The decisions were taken at the Cabinet meeting headed by Prime Minister Narendra Modi, sources said.