DIPP grants 12 licences to Reliance Defence
Government body Department of Industrial Policy and Promotion (DIPP) has approved 12 industrial licences to Reliance Defence, an arm of Anil Ambani-led Reliance Infrastructure, to manufacture a range of defence equipment. The approval will facilitate setting up of business units of Reliance Defence that will be aimed at addressing defence programmes in India and abroad, according to reports. 