TIA NEWS
Defence Minister Manohar Parrikar has said that he expects another 50,000-60,000 crore rupees worth of defence contracts to be signed during the current financial year, taking the total orders to three trillion rupees since he took charge two years ago.
He told media on the sidelines of an industry exhibition on technology and material sciences in Navi Mumbai that the ministry is finalising a new strategic materials policy so that we can promote production as well as storage of defence-related strategic materials.
Mr. Parrikar said India did not carry out any surgical strike in the past, refuting claims by the Congress that its government had ordered such precision attacks but never make those public.