Applicable Laws & Legal Compliances for Defence Tech Start-ups: Lawyers Advice
India has a powerful defence industrial base and with the boom in the technology sector. It has strengthened the military sector on a very large scale. The defence industry merged with nation’s upgraded technology is commonly referred to as Def-tech Industry. Methods undertaken by the Government:The Defence Procurement Procedure 2016 brought in some changes and introduced the category of “Buy Indian Indigenously Designed, Developed and Manufactured (IDDM)”. The government has made this category at the top of their list for the procurement of equipments. It gives special focus to the Medium and Small Manufacturing Enterprises (MSME) sector. Legislations and Procedure Applicable For...
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