Another booster for Make in India policy of Prime Minister Narendra Modi, the Department of Industrial Policy & Promotion(DIPP) has so far issued 73 Industrial Licenses in Defence sector during last one year (since June 2014), against 50 License granted during 2011 to May 2014. This would promote Defence manufacturing on a wider scale in the days to come. On 10th June, 2015, the Licensing Committee meeting chaired by Secretary, DIPP has approved proposals worth Rs 613 crore. The companies whose projects got the nod include the likes of Tatas, Titagarh, Wagons, Samtel Thales, Solar Industries,Premier Explosives, Pipavav, etc. The proposals are mainly for defence manufacturing which includes various kinds of Arms and Ammunition such as Helicopters, Aircrafts, Radars, Bullet Proof Jackets, Bullet Proof Helmets, Ammunition Fired from Artillery, Tanks, Helicopters and Aircrafts, Rockets and Missiles, Filled Fuzes for Artillery Shells, Mortar Bombs, Missiles, Grenades, Vessels of War, Radar, Electronic War-fare Systems, Night Vision Devices, Guns, Howitzers, Mortars, Protected Tactical Vehicles, Guns, Howitzers, Mortars, Protected Tactical Vehicles, Armoured Vehicles, Armoured Personnel Carriers, Military fuses, UAVs etc.
Recently, Government had increased the initial validity period of Industrial License for Defence Sector to seven years from earlier three years, further extendable upto three years, in view of the long gestation period of defence contracts to mature. In addition to this, the Government has taken a series of measures to improve the Ease of Doing Business in India.