Defence Panel Flags ₹600 Crore Loss And Idle Capacity In Small-Arms Factories Despite Corporatisation
The Parliamentary Standing Committee on Defence has raised serious concerns over the state of India’s small-arms factories, highlighting weak demand, high production costs and recurring quality issues, India Today reported.The panel warned that idle capacity and mounting losses are undermining the viability of these facilities even after their corporatisation under Advanced Weapons and Equipment
The Parliamentary Standing Committee on Defence has raised serious concerns over the state of India’s small-arms factories, highlighting weak demand, high production costs and recurring quality issues, India Today reported.The panel warned that idle capacity and mounting losses are undermining the viability of these facilities even after their corporatisation under Advanced Weapons and Equipment
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