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Boost to defence manufacturing DIPP clears defence Licenses worth ₹ 613 Crs in recent Licensing Committee meeting held on 10-6-2015.

Dated:- 3-7-2015 - The Department of Industrial Policy & Promotion(DIPP) has been in the vanguard for undertaking major reforms to promote Defence Manufacturing under Make in India Initiative. Continuing with the momentum created, it has so far issued 73 Industrial Licenses in Defence sector during last one year (since June 2014), against 50 License granted during 2011 to May 2014. These include 16 proposals with proposed investment of ₹ 613 crores, cleared in recent Licensing Committe .....

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