Financial Daily from THE HINDU group of publications
Saturday, May 27, 2006
Financial Daily from THE HINDU group of publications Saturday, May 27, 2006 |
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Government
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Security Industry & Economy - Industry Associations CII welcomes RURs for Defence Our Bureau
New Delhi , May 26 The CII has welcomed the formation of Raksha Udyog Ratnas (RURs) for the Defence industry by the Ministry of Defence. These RURs or industry champions will be associated in Defence acquisition undertaken by the Government. They will also be treated at par with Defence PSUs, which are selected by the Government for receiving technology and undertaking licence production with transfer of technology. A selection committee under the Chairmanship of Mr Prabir Sengupta, Director of IIT, will select RURs as per the guidelines issued by the Ministry.
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