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Central govt in its budget 2018-19, has announced setting up of two Defence Industrial Corridors (DICs) to develop a holistic defence manufacturing ecosystem in the country.
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Defence Minister Rajnath Singh asserted that India cannot depend on foreign players for defence needs and such dependence is not compatible with the goal of a self-reliant India while launching 15 products developed by Defence PSUs (DPSUs) and Ordnance Factory Board (OFB).
As part of the Atma Nirbhar Week celebration of the Ministry of Defence, Defence Minister Rajnath Singh set in motion the initiatives of a number of modernisation and up-gradation of facilities as also new infrastructure creation by Defence PSUs (DPSUs) and Ordnance Factories Board (OFB).