Govt relaxes arms rules to boost Make in India policy: Key facts

The licence granted for manufacturing shall now be valid for the life-time of the licensee company

To boos the Centre's 'Make in India' policy, the Union Home Ministry has liberalised the Arms Rules to encourage investments in the manufacture of arms, ammunition and weapons systems, said an official release by the MHA.

According to an official statement from MHA, the move will increase employment in this field.

The liberalised rules will apply to licences granted by MHA for small arms & ammunition and licences granted by Department of Industrial Policy and Promotion (DIPP), under powers delegated to them, for tanks and other armoured fighting vehicles, defence aircrafts, space crafts, warships of all kinds, arms and ammunition