Private sector can pick up to 25% share of defence production, says Indian govt

Private sector can pick up to 25% share of defence production, says Indian govt

File photo. A new defence procurement policy, or DPP, that will give priority to the indigenously made defence products and boost the Make in India initiative will be ready by April, defence minister Manohar Parrikar said Monday. Photo: Rakesh Mundye/HT

Private sector manufacturers have an opportunity to pick up a 25% share of defence production, said A.K. Gupta, secretary, department of defence production, ministry of defence, on Tuesday.

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