More trust, transparency in defence sector than ever before: PM Modi
The Hindu
The prime minister said that 41 Ordinance factories are being converted into seven corporate entities, as a measure to improve our self-reliance and defence preparedness.
For the first time since Independence, many major reforms were rolled out in India's defence sector and it has more transparency and trust than ever before, Prime Minister Narendra Modi said on Friday.
After dedicating seven new state-run defence firms replacing the Ordnance Factory Board, the prime minister said a single-window system has been put in place instead of stagnant policies to develop India as a major producer of defence equipment.
"Under the self-reliant India campaign, the country's goal is to make India the world's biggest military power on its own and development of modern military industry in India," PM Modi said.