<h1>Union Cabinet Approves Guidelines for DPSU Joint Ventures to Boost Defense Self-Reliance and Efficiency.</h1> The Union Cabinet approved guidelines for establishing Joint Venture Companies by Defence Public Sector Undertakings (DPSUs) to enhance national security and self-reliance in defense production. Key provisions include transparent partner selection, defined JV scope, DPSU rights to approve key decisions, and exit strategies. These guidelines aim to improve risk management, efficiency, and delivery times for defense needs. The initiative aligns with the Defence Production Policy of 2011, promoting public-private partnerships and advanced technology acquisition to boost the competitiveness and efficiency of the defense sector. The guidelines are expected to strengthen partnerships between DPSUs and private entities.