Browsing Tag
Defence Capital Outlay
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The Indian government allocates 75% of the entire defence capital outlay to the domestic industry for defence procurements.
In a significant move towards achieving the goal of Aatmanirbhar Bharat or self-reliant India, the Defence Minister of India has announced that the domestic industry will receive 75% of the entire capital outlay for defence procurements. This is a historic decision, as it marks the highest ever allocation of funds for domestic defence manufacturing.
