India’s Defence Sector Enters Zero Fee Era As 20% ToT Levy Is Scrapped

India has officially scrapped the 20% Transfer of Technology (ToT) fee, marking a decisive shift towards a “Zero Fee” era in defence production.This move, announced by Defence Minister Rajnath Singh, is expected to accelerate indigenous manufacturing, reduce costs, and strengthen India’s global competitiveness in defence exports.The elimination of the ToT fee represents a structural reform in
India has officially scrapped the 20% Transfer of Technology (ToT) fee, marking a decisive shift towards a “Zero Fee” era in defence production.This move, announced by Defence Minister Rajnath Singh, is expected to accelerate indigenous manufacturing, reduce costs, and strengthen India’s global competitiveness in defence exports.The elimination of the ToT fee represents a structural reform in
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