Don’t miss the latest developments in business and finance.

Govt permits DIPP to grant defence industrial licences

Earlier, the Home Ministry was carrying out this exercise

Govt permits DIPP to grant defence industrial licences
Rafale fighter jet
Press Trust of India New Delhi
Last Updated : May 26 2017 | 9:52 PM IST
The government on Friday said the Department of Industrial Policy and Promotion (DIPP) will now process the applications for grant of licence for manufacture of defence items.

Earlier, the Home Ministry was carrying out this exercise.

"Power to grant manufacturing licence in respect of the category of arms and ammunition and defence items...Has been delegated to Secretary, DIPP," an official statement said.

Also Read

The department, under the commerce and industry ministry, is mainly responsible for formulation of polices with regard to promotion of foreign investment and manufacturing industries.

It asked all the interested entrepreneurs/industries/ companies to apply with details to the Senior Development Officer (Industrial Licence), DIPP.

More From This Section

First Published: May 26 2017 | 9:52 PM IST

Next Story