New Delhi: The Union Cabinet has approved the much-awaited strategic partnership model which will allow local private sector companies to form manufacturing joint ventures with foreign defence equipment makers—a shot in the arm for the government’s ‘Make in India’ programme as well as efforts by …
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PPP model can boost manufacturing sector, says DIPP
For India to increase the contribution of manufacturing sector in the economy, the country will have to seriously look at adoption of a robust public-private partnership (PPP) model. “Time has come for adopting this model for manufacturing now. Think of possibilities it can create and explore how…