AFP

India Allows Private Companies to Build Rockets June 2, 2016

India has broken the monopoly of state enterprise Ordnance Factory Board (OFB) and will permit private defence companies to manufacture rockets for helicopters. Indian Air Force (IAF) plans to buy 200 thousand 70mm rockets for its helicopters and the Ministry of Defence (MoD), under its new 'Make in India' policy.  India is expected to buy advanced precision kill weapon Systems.

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