Aiming to incorporate the latest technologies in weapons for India's armed forces, the country's ministry of defense will fund over 250 defense startups in the next five years. The Ministry of Defense plans to achieve at least 50 tangible innovations that can be inducted in the near future, and, under...
India's Defense Ministry Allows Companies to Manufacture Ammunition
Up until now, only the state-owned Ordnance Factory Board (OFB) was permitted to produce ammunition and India’s private sector was only allowed to manufacture parts of ammunition such as the shells or fuses. A senior army official stated that the army’s requirements were not being totally met by the OFB, and...