Green Flag to Private Manufacturers for defence goods.
The Private sector is coming into picture for manufacturing of defence goods, as the green flag is given by the new government.
Manufacturing in India has truly come of age in recent times. Merely for the economic downturn, it would have contributed 5-6% more to the gross domestic product (GDP).
When the timeless contest of 'discipline' Vs 'individual brilliance' ends in achieving an optimum combination of both we have what we call the great Indian growth story of how the indian industry combined the best of both worlds to make a world of its own more effecient, more organized and also more 'jugaad*' thus more price-efficient!!