The government has given approval to “45 companies/joint ventures” operating in the defence sector with foreign OEMs (original equipment manufacturers), the Parliament was informed on Friday.
Minister of State for Defence Ajay Bhatt said this in written response to a query in the Lok Sabha.
“The government has given approval to 45 companies/JVs operating in defence sector with foreign OEMs,” he said responding to a query on the number of foreign companies who have shown interest in manufacturing defence equipment under foreign direct investment in the country.
