‘Make in India’ defence projects worth Rs 3.5 lakh crore stuck

In DEFENCE, DEFENCE INDUSTRY, LATEST NEWS

None of the major ‘Make in India’ projects in the defence arena, ranging from new-generation stealth submarines, minesweepers and light utility helicopters to infantry combat vehicles, transport aircraft and fighter jets, have actually taken off in the last six years. These long-pending projects, collectively worth over Rs 3.5 lakh crore, are either stuck or still meandering through different stages, without the final contracts to launch production being inked.  Read More

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