Source: The Hindu Business Line, Oct 08, 2018
“Make-II is an industry-funded scheme. It offers easier clearance and faster scaling-up of production. Make-II has seen faster development than any of the ‘Make projects’ that have happened so far,” Ajay Kumar, Secretary- Production, Ministry of Defence, told BusinessLine.
“In the last 6-8 months, we have given in-principle approval to 31 projects and are moving forward in assurance of firm orders,” he added.
Under Make-II, the Ministry of Defence has a sub category of suo motu submission of proposals. “Here, we got two such proposal and 12 more are under consideration. The proposal cleared is for night vision solution and the other is related to missiles,” explained Kumar. Read the rest of this entry »