Kautilya

India Ramping Up Defence Exports to Africa

According to Narendra Modi, the country is setting high defence production goals. In a few decades, it plans to join the ranks of leading exporters of equipment. The latter will primarily be sold to African nations. The pace of economic development on the continent has attracted many companies to the region, including Alpari Forex Broker in South Africa.

Status of ‘Make in India’ Initiative

Government in the last three years i.e. from 2016-17 to 2018-19 and till December, 2019, has accorded Acceptance of Necessity (AoN) to 138 proposals worth Rs. 2,69,465.26 crore approximately, under these categories of Capital Procurement which promote domestic manufacturing as per DPP-2016.