Share of Private Sector in Defence Production - ALLCGNEWS

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28 July 2010

Home DEFENCE Share of Private Sector in Defence Production

Share of Private Sector in Defence Production


   Since May 2001, Indian private sector participation is allowed upto 100 % in Defence Industry sector with FDI upto 26 %. So far, 144 Industrial Licenses / Letters of Intent (ILs/LOIs) have been issued to a number of private sector companies for manufacturing of various defence items.

This information was given by Defence Minister Shri AK Antony in a written reply to Shri Arjun Munda in Lok Sabha today


 SOURCE - PIB
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