 "The Federation of Indian Chambers of Commerce and Industry has written to Defence Minister Rajnath Singh, protesting sidelining of private firms")
The Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, on Monday announced it had approved the purchase of Rs 3,300 crore of indigenously designed and developed military equipment.
The private sector is up in arms. Despite repeated Ministry of Defence (MoD) assurances that private firms would be allowed to compete for defence contracts on equal terms with the public sector — which includes the Defence Research and Development Organisation (DRDO), eight defence public sector units (DPSUs) and 41 ordnance factories — the DAC has ‘nominated’ the DRDO for designing and developing an indigenous lightweight electronic warfare system for
