Saturday, June 18, 2016

India allowing its Air Force to buy rockets and helicopters from private defence company




 India allowing its Air Force  to buy 200,000 70mm rockets for its helicopters from private defence company like Bharat Forge, Punj Lloyd , Mahindra Defence System, Reliance Defence, Larsen & Toubro, and Tata Group .

To develop the private sector  for the first time India has broken the monopoly of state enterprise Ordnance Factory Board (OFB) and will permit private defense companies to manufacture rockets for helicopters.

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