Dy CM asks local industry to tap huge potential in defense sector

Newspoint Bureau
Jammu Tawi, May 21
Deputy Chief Minister Dr Nirmal Singh today asked the local industrialists to take benefit and tap the huge potential available in the defense manufacturing sector adding that collaboration between the army and local industry can help in the economic development and growth of the state.
He was addressing the participants, including defense experts and representatives of local industrialists at the Indian Army-Industry Round Table Conference organised by PHD Chamber of Commerce & Industry (PHDCCI) in association with the Army here today.
The aim of the Roundtable interaction was to enter into candid and direct conversation between the Army and Industry with special focus on the participation of the local industry under the ‘Make in India’ initiative.
He appreciated the efforts of PHDCCI and army for conducting such a relevant roundtable. He said collaboration between army and local industry can together help in developing the state.
‘Transition is happening in the nation especially in the wake of Prime Minister Narendra Modi’s ambitious ‘Make in India’ initiative. There is a positive scope for private players to participate in meeting the requirements of the defense sector,” he added.
He said the government is ready to take all necessary measures to help army develop a manufacturing unit especially for the Micro, Small & Medium Enterprises (MSME).
He assured full support to the Army and local industrialists in terms of logistics, infrastructure for

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