Share of Private Sector in Defence Production

Since May 2001, Indian private sector participation is allowed upto 100 % in Defence Industry sector with FDI upto 26 %. So far, 144 Industrial Licenses / Letters of Intent (ILs/LOIs) have been issued to a number of private sector companies for manufacturing of various defence items.



This information was given by Defence Minister Shri AK Antony in a written reply to Shri Arjun Munda in Lok Sabha today

source;pib