‘MSMEs need to diversify into defence and aerospace production’
AI Summary
TIDCO Vice President Wing Commander P. Madhusoodhanan emphasized the need for MSMEs to diversify into defense and aerospace production to support the Indian government's goal of increasing the manufacturing sector's share of the economy to 25%. Defense production is expected to rise accordingly.
TIDCO V-P Wing Commander P. Madhusoodhanan said defence production will keep rising as the Centre wanted manufacturing sector’s share in economy to be at 25%