Strategic listing
The idea that defence and strategic national objectives are secured only through publicly owned enterprises runs counter to empirical evidence.
What is common to Hindustan Aeronautics, Mazagon Dock, Bharat Dynamics, Mishra Dhatu Nigam, Bharat Electronics and BEML? Well, they are all profitable public sector undertakings (PSU) under the Ministry of Defence with huge order book positions to supply products – from combat aircraft, warships and missiles, to super-alloys, radar systems and defence Read more [...]