Browsing: Indian Cos.

$13.62 billion business opportunity for Hyderabad defence industry: DRDO Chief

Defence News: With the Modi government’s decision to ban import of 101 weapons, which will be followed by another negative import list soon, the defence and aerospace sector in the country is set to benefit immensely.  According to DRDO chief G Satheesh Reddy, the defence and aerospace industries based in Hyderabad region are set to get business opportunities worth $13.62 billion (INR 1 lakh crore) in the next couple of years.