DIPP panel approves 32 proposals of defence, explosives sectors

NEW DELHI: A high-powered panel has cleared as many as 32 proposals for setting up manufacturing units in defence and explosive sectors which includes conditional approval to eight subsidiaries of Reliance Infra.

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The cases were decided in the fifth licensing committee meeting held here on November 6.

The inter-ministerial committee was chaired by Department of Industrial Policy and Promotion ( DIPP) Secretary Amitabh Kant.

The licensing committee considered 33 proposals.

Of this, 25 were from defence manufacturing sector, 7 from explosives sector, and one from consumer.

DIPP has given conditional approval to 11 proposals of eight subsidiaries of Reliance Infra which includes Reliance Defence Technologies Pvt Ltd, Reliance Helicopters, Reliance Propulsion Systems Ltd, Reliance Aero-structure Ltd and Reliance Naval Systems Ltd.