Moneycontrol
Last Updated : May 22, 2017 04:42 PM IST | Source: CNBC-TV18

Walchandnagar receives nod for strategic partnership model in defence

In an interview to CNBC-TV18, GK Pillai, MD & CEO, Walchandnagar Industries spoke about the latest happenings in his company and sector.

Walchandnagar is buzzing in trade today as the company has received a nod for strategic partnership model in defence.

In an interview to CNBC-TV18, GK Pillai, MD & CEO, Walchandnagar Industries said, "The government is working towards the arena of including private sector for large defence projects and the government has selected or identified four major areas where the private sector will be involved into," said Pillai.

He further said that it will take at least one year before orders start flowing in.

Watch accompanying video for more details.
First Published on May 22, 2017 04:42 pm
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