Defence Manufacturing
Since opening of defence manufacturing for Indian private sector in May 2001, so far 342 industrial licenses have been issued to 205 Indian companies. However, after launch of Make in India Programme in September 2014, the Ministry of Commerce & Industry, Department of Industrial Policy & Promotion (DIPP) have issued 116 Industrial Licences for manufacture of various licensable defence items.
So far 53 Licenses Companies, covering 92 licenses, have reported commencement of production.
As per the current policy, industrial licence is valid for 15 years, which is further extendable up to 18 years. During the period, companies are required to commence their commercial production. However, commencement of commercial production by the companies depends upon the business opportunities available to them.
This information was given by Minister of State for Defence Dr. Subhash Bhamre in a written reply to Shri Gaurav Gogoi in Lok Sabha today.
So far 53 Licenses Companies, covering 92 licenses, have reported commencement of production.
As per the current policy, industrial licence is valid for 15 years, which is further extendable up to 18 years. During the period, companies are required to commence their commercial production. However, commencement of commercial production by the companies depends upon the business opportunities available to them.
This information was given by Minister of State for Defence Dr. Subhash Bhamre in a written reply to Shri Gaurav Gogoi in Lok Sabha today.
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