English Release 8-March 2014
- President's Secretariat
- President presents Stree Shakti Puruskar, 2013
- Election Commission
- Fact Sheet on Arunachal Pradesh
- Dynamics of elevation of political parties to State or National Party
- Min of Women and Child Development
President Confers Stree Shakti Puruskar on International Women’s Day
Ministry of Defence12-December, 2012 14:27 IST
|The total value of defence exports from Defence PSUs and OFB including defence exports from defence companies in the private sector was Rs.997/- crores during the last three financial years |
Exports by Ordnance Factory Board (OFB) and Defence Public Sector Undertakings (DPSUs) consist of products developed through DRDO, through Transfer of Technology (TOT) route from foreign OEMs and through in-house R&D. In addition, OFB and DPSUs carry out in-house R&D to upgrade defence products. There is a greater focus now on indigenous design, development and manufacture of defence equipment as per Defence Production Policy.
Since May, 2001, the defence industry sector is open upto 100% for Indian Private Sector participation with FDI permissible upto 26%, subject to licensing.
This information was given by Minister of State for Defence Shri Jitendra Singh in a written reply to Shri. N.K. Singh andDr.JanardhanWaghmarein Rajya Sabha today.
(Release ID :90433)