SP Guide Publications puts forth a well compiled articulation of issues, pursuits and accomplishments of the Indian Army, over the years
I am confident that SP Guide Publications would continue to inform, inspire and influence.
My compliments to SP Guide Publications for informative and credible reportage on contemporary aerospace issues over the past six decades.
Raksha Rajya Mantri Shripad Naik in a written reply in the Lok Sabha said on November 20, 2019 that 21 defence offset contracts with cumulative value of $5.67 billion approximately have been signed by Ministry of Defence (MoD) in last three years. A study on impact of offsets on Defence Industrial Base has been conducted by Department of Defence Production through Institute for Defence Studies and Analysis (IDSA). According to the study conducted, till March 2019, MoD has signed 52 Offset contracts valued at $11.79 billion to be discharged through Indian Offset Partners. Since the opening of private sector participation in defence production in 2001, 452 Industrial Licenses (ILs) have been issued till October 2019 for manufacture of a wide range of defence items. Further, so far FDI amounting to 1,812 crores has been reported by the companies in the Defence and Aerospace Sector since April 2014.