The government has entered into a Rs 624-crore contract with Bharat Electronics Limited to acquire 28 key systems for Indian Navy vessels, supporting the ‘Aatmanirbhar Bharat’ vision. This deal emphasizes the involvement of Indian industries, including MSMEs, in defence manufacturing, leading to job creation and boosting the domestic manufacturing sector. The agreement signifies a significant step towards self-reliance in defence production and highlights the government’s commitment to promoting indigenous manufacturing capabilities.
Full Article