Make in India: Gujarat emerges among preferred destinations for defence manufacturing

03-Dec-2015 #Globalwealth Source: Economic Times

NDA government has granted as many as 121 defence manufacturing licenses to private sector companies from May 2014 as part of its ‘Make in India’ programme and policy to promote the defence manufacturing sector. The state of Gujarat has emerged among the preferred destinations for private players to set up defence manufacturing units with the state has receiving 22 licenses. Companies like Adani Defence Systems and Technologies have expressed keen interest to set up defence unit in the state.

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