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New Delhi, Sep 30 (PTI) In a significant development, government today moved a step closer towards opening up of ordnance factories by allowing them to have "working arrangements" with private Industry.
Publication: PTI - The Press Trust of India Ltd. Publication Date: 30-SEP-05 |
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COPYRIGHT 2005 Asia Pulse Pty Ltd
"We can have a working arrangement based on Memorandum of Understanding (MOUs)", Defence Minister Pranab Mukherjee told the captains of Indian industry at a seminar here, while conveying that it may not be possible at present to allow joint ventures and equity participation by private players in the restrictive guns and ammunition manufacturing sector.
"I look forward to closer association of such nature between Indian...
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