Now Aditya Birla Group joins the Defence equipment manufacturing party
Advertisement
Advertisement
After at least seven Indian corporate houses ventured into the defence sector, The Aditya Birla Group also has decided to take the plunge and add value to Indian government's 'Make in India' initiative.
The conglomerate is controlled by Kumar Mangalam Birla, and its interests range from metals to mobile telephony, now plans to enter into joint ventures with US, Israeli and Russian companies to make components for aerospace and combat vehicles.
Complimentary Tech Event
Transform talent with learning that works
Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More
It was only after the government took several policy measures so that armed forces equipments can be locally manufactured that private Indian companies entered into the defence sector.
Advertisement
Image source
Advertisement
- I quit McKinsey after 1.5 years. I was making over $200k but my mental health was shattered.
- Some Tesla factory workers realized they were laid off when security scanned their badges and sent them back on shuttles, sources say
- I tutor the children of some of Dubai's richest people. One of them paid me $3,000 to do his homework.
- Global GDP to face a 19% decline by 2050 due to climate change, study projects
- 5 things to keep in mind before taking a personal loan
- Markets face heavy fluctuations; settle lower taking downtrend to 4th day
- Move over Bollywood, audio shows are starting to enter the coveted ‘100 Crores Club’
- 10 Powerful foods for lowering bad cholesterol