https://www.taxtmi.com/news?id=41248 The government has set multi-year targets to expand domestic defence manufacturing and exports to reduce import dependence and strengthen supply-chain resilience. Operational measures include reserving 75 per cent of the defence budget for domestic procurement and publishing positive indigenisation lists covering hundreds of equipment items and thousands of components to be produced domestically under staggered timelines. Structural reform through corporatisation of ordnance factories is promoted to create commercially oriented defence manufacturers, coupled with emphasis on innovation and capacity building across emerging domains. en-us Thu, 17 Apr 2025 16:16:03 +0530 Thu, 17 Apr 2025 16:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=41248 The government has set multi-year targets to expand domestic defence manufacturing and exports to reduce import dependence and strengthen supply-chain resilience. Operational measures include reserving 75 per cent of the defence budget for domestic procurement and publishing positive indigenisation lists covering hundreds of equipment items and thousands of components to be produced domestically under staggered timelines. Structural reform through corporatisation of ordnance factories is promoted to create commercially oriented defence manufacturers, coupled with emphasis on innovation and capacity building across emerging domains. News - Thu, 17 Apr 2025 16:16:03 +0530 https://www.taxtmi.com/news?id=41248