Changing the "Make" procedure: Foreign arms vendors eye windfall gains

By Ajai Shukla Business Standard, 29th Sept 14 Indian private companies that aspire to design and develop indigenous defence equipment are worried. The ministry of defence (MoD) is poised to clear a new policy that will let foreign defence companies enjoy Indian subsidies for developing equipment for the military. The policy in question --- the “Make” category of procurement ---



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