Time ripe to launch new phase of self-reliance in defence production: Prez Murmu

HYDERABAD: President Droupadi Murmu on Friday said the time is now ripe for launching a new phase of self-reliance in defence production by manufacturing technologically advanced equipment within the country.

Speaking after awarding the President’s Colours to the College of Defence Management (CDM) here, she said the Union Government has taken several measures to enhance indigenous capabilities of the defence industry.

Through initiatives such as Make in India, Ease of Doing Business and development of defence industrial corridors, the government is encouraging Indian and foreign investors to invest in the defence sector, she said.