Defense Business and Industry

Defence Ministry Allows Private Sector in Missile, Ammunition Production for Self-Reliance.

The Indian Defence Ministry has announced a significant policy shift allowing private sector participation in missile and ammunition production, as part of the Atmanirbhar Bharat initiative aimed at enhancing self-reliance in defense manufacturing. This reform removes the No-Objection Certificate requirement from state-owned Munitions India Limited, enabling private firms to produce a variety of munitions and participate in missile development, thus diversifying supply channels for the armed forces. The change addresses critical shortages highlighted during recent military operations and aims to bolster India’s military capabilities amid global supply constraints. This initiative is pivotal for fostering a competitive defense ecosystem, ensuring uninterrupted military supplies, and advancing India’s strategic autonomy in an increasingly complex security environment.

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