India releases third negative list to curb defence imports
India’s third negative list for defence imports: In a major decision to support domestic defence industry, India’s defence minister Rajnath Singh Thursday released the third indigenization list of 101 products. The defence systems and sub-systems listed in the third negative list are fairly complex in nature and it shows the growing confidence of Prime Minister Narendra Modi’s government in the domestic defence industry for their development and manufacture in the country.