FM Nirmala Sitharaman said the government would also put out a list of weapons and platforms that would only be purchased from the domestic industries and not from foreign vendors The Narendra Modi government on Saturday announced a slew of measures to promote indigenization of defence production under the “Make in India" programme including raising the foreign direct investment caps from the existing 49% to 74% through the automatic route.
Unveiling the measures, Finance Minister Nirmala Sitharaman said the government would also put out a list of weapons and platforms that would only be purchased from the domestic industries and not from foreign vendors.