Business Today

Missing The Mark

In spite of the Make in India initiative, the Indian private sector is awaiting big ticket defence orders.

Not long ago, during the last winter session of the Parliament, Gaurav Gogoi and Jyotiraditya Madhavrao Scindia, politicians from the Indian National Congress, had several questions for the Minister of Defence.

There was a lot of noise around Make In India but what exactly was going on: "Whether it is a fact that no major Make in India projects in defence have kicked off over the last three years, and why?"

"Whether several mega defence projects, collectively worth over Rs 3.5 lakh crore, remain stuck at different stages without the final contract being inked."

Nirmala Sitharaman, Minister of Defence, laid a statement on the Table of the House. Several Make

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