India’s defence sector is likely to see a lot of action in the coming months.
It has been reliably learnt that the Defence Research and Development Organisation (DRDO) is planning to develop unmanned aerial vehicles (UAVs) — Lakshya and Nishant — through joint ventures with private companies — Tata Power and Larsen and Toubro.
The state agency has initiated talks with both the companies for the design and development project, estimated to cost around Rs 1,000 crore, said company officials. DRDO is looking for private participation in the maintenance of the airborne early warning and control system projects.
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