B Malla Reddy, MD, Astra Microwave Products and Rajinder Bhatia, CEO, Defence Space & Aerospace, Kalyani Group hail new policy, but concur government will have to think out of the box to move processes faster.
Malla Reddy, MD of Astra Microwave told CNBC-TV18 that the company is expecting a demand boost due to ‘Make in India‘ initiative and are on track to meet revenue target of Rs 420 crore for FY16.