No specific scheme is being implemented to boost the contribution of Micro, Small and Medium Enterprises (MSME) sector towards manufacturing in the field of defence under the ‘Make-in-India programme, the government told the Lok Sabha today. “At present, there is no specific scheme implemented by…
Tag: Ministry of Defence
SAAB offers next generation defence capabilities to India; Looks to partner with SMEs
Bengaluru: Swedish Aerospace and Defence firm, SAAB Group on February 6 said the company is willing to offer defence capabilities to enable India to manufacture and export next generation fighter jets. SAAB is set to showcase its fighter plane, the Gripen E aircraft at the Aero India 2017, a bien…
India considers Venture Capital Funds to discharge offsets
Overseas defense companies could invest in select Indian Venture Capital Funds (VCF) to discharge compulsory defense offsets if a proposal, currently under consideration, is implemented by the Indian Ministry of Defence (MoD), according to a Senior Ministry Official. Investments by overseas compa…