Govt to shortlist 6 firms as strategic partners for defence manufacturing

Chosen companies will partner global OEMs in building defence platforms in India

Ajai Shukla  |  New Delhi 

On Thursday, before a closed-door gathering of private defence industry chiefs in New Delhi, the ministry of defence (MoD) unveiled its long-delayed policy for identifying “strategic partners” (SPs) – chosen companies that will partner global “original equipment manufacturers” (OEMs) in building defence platforms in India. While the MoD has not released details of the new policy, three individuals present at the meeting have shared with Business Standard the new policy’s scope, and the criteria and procedures for selecting SPs and foreign OEMs ...

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Govt to shortlist 6 firms as strategic partners for defence manufacturing

Chosen companies will partner global OEMs in building defence platforms in India

Chosen companies will partner global OEMs in building defence platforms in India On Thursday, before a closed-door gathering of private defence industry chiefs in New Delhi, the ministry of defence (MoD) unveiled its long-delayed policy for identifying “strategic partners” (SPs) – chosen companies that will partner global “original equipment manufacturers” (OEMs) in building defence platforms in India. While the MoD has not released details of the new policy, three individuals present at the meeting have shared with Business Standard the new policy’s scope, and the criteria and procedures for selecting SPs and foreign OEMs ... image
Business Standard
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