Govt cancels chopper, missile import deals under ‘Make in India’ push
The central government has cancelled multiple deals for the purchase of short-range Surface-to-Air missiles and a tender for the purchase of 14 choppers for the Indian Coast Guard.
This decision is being viewed as a strong message to the domestic defence sector.
A decision in this regard was taken during a meeting of the Ministry of Defence (MoD) in New Delhi on Friday. The meeting was held to review import deals with foreign vendors, top government sources told India Today.
This was the first in a series of meetings of the Defence Ministry to push Prime Minister Narendra Modi’s ‘Make in India’ initiative.