By N. C. Bipindra New Delhi: India today took the long-awaited decision to dismantle the British-era ordnance factories and to create seven new state-run corporate entities that will handle manufacturing of weapons for the armed forces. The ordnance factories corporatisation move has been initiated to bring in efficiency, […]
By N. C. Bipindra New Delhi: In a significant business opportunity for local companies in the beginning of a new year, India today approved the $6.5-billion locally-made combat jets procurement for the air force, boosting the aerospace and defence industry that has been fighting hard against COVID-induced negative […]
New Delhi: India’s Narendra Modi government can take a leaf out of former British Prime Minister Margaret Thatcher and the privatisation of companies like defence major BAE Systems to carry forward its disinvestment plans for state-owned companies that are profitable. The Economic Survey 2020-21, presented to the Parliament […]
