Defence production: Cloud hangs over SP model as a part of private sector pushes for ‘grandfather rights’

Uncertainty continues over the strategic partnership (SP) model for defence production as a section of the domestic private-sector companies has pushed for grandparent rights to have access for the next 50 years to their chosen segments without competition.

In its consultations on SP, the ministry of defence andmajor defence companies, including L&T, Bharat Forge, Mahindra Group, Tata and others, talked about various issues related to the model with defence minister Arun Jaitley and defence secretary G Mohan Kumar on Thursday. Read More…



Credit By: Financial Express

You may also read!

Doklam Standoff: Indian Air Force Chief Says Ready For Any Eventuality

As India explores diplomatic options to resolve the stand-off between Indian and Chinese troops in the Doklam plateau in


Doval Arrives In Beijing Amid Sikkim Standoff

Amid the Sikkim standoff, National Security Advisor Ajit Doval arrived here today to attend BRICS top security officials meeting


Ajit Doval To Urge BRICS For Stronger Counter-terrorism Cooperation

India will urge greater counter-terror cooperation with focus on denying terrorists access to finance, sanctuaries and weapons when National


Leave a reply:

Your email address will not be published.

Mobile Sliding Menu