HomeNewsBusinessCNBC-TV18 CommentsDIPP clears 12 industrial licenses for Reliance Defence

DIPP clears 12 industrial licenses for Reliance Defence

CNBC-TV18’s Rituparna Bhuyan says that the licenses are for land, naval, and air projects.

March 09, 2016 / 14:55 IST
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Department of Industrial Policy and Promotion (DIPP) has given its nod for 12 industrial licenses to Reliance Defence. CNBC-TV18’s Rituparna Bhuyan says that the licenses are for land, naval, and air projects. Reliance Defence was earlier known as Pipavav Defence. Anil Ambani-led Reliance Group had last year announced plans to acquire controlling stake in Pipavav Defence for upto Rs 2,082 crore. Watch video for more

first published: Mar 9, 2016 12:41 pm

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