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I want to start with a defense manufacturing system. How can I start, mine is an idea?
- Manufacturing in defence sector (specifically of the products enlisted in the defence list) is governed through industrial licensing under the Industries (Development and Regulation) Act, 1951. The said license can be obtained from the Department of Industrial Policy and Promotion.
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Wazzeer Professional Network
ProfessionalI want to start with a defense manufacturing system. How can I start, mine is an idea?
-
Wazzeer Professional Network
Professional- Manufacturing in defence sector (specifically of the products enlisted in the defence list) is governed through industrial licensing under the Industries (Development and Regulation) Act, 1951. The said license can be obtained from the Department of Industrial Policy and Promotion.
1. For products not given in the defense list, no license is required.
- The license holder is required to follow various security guidelines and submit returns from time to time regarding the production undertaken.
- As regards funding, the government has recently approved the Defence Innovation Fund and a Technology Development Fund, which is aimed at helping and encouraging startups to work in the defense sector.
For any help with kickstarting your startup in any sector 'Get your Wazzeer'
almost 4 years ago
View answer
I want to start with a defense manufacturing system. How can I start, mine is an idea?
-
Wazzeer Professional Network
Professional- Manufacturing in defence sector (specifically of the products enlisted in the defence list) is governed through industrial licensing under the Industries (Development and Regulation) Act, 1951. The said license can be obtained from the Department of Industrial Policy and Promotion.
1. For products not given in the defense list, no license is required.
- The license holder is required to follow various security guidelines and submit returns from time to time regarding the production undertaken.
- As regards funding, the government has recently approved the Defence Innovation Fund and a Technology Development Fund, which is aimed at helping and encouraging startups to work in the defense sector.
For any help with kickstarting your startup in any sector 'Get your Wazzeer'
almost 4 years ago
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