Domestic value addition in manufacturing and exports high on agenda under the new Union Budget

​​The defence manufacturing sector is another large beneficiary of this year’s budget with 68% of the capital procurement budget being earmarked for the domestic industry in 2022–23 (up from 58% last year), which should bolster investments in domestic manufacturing in this key sector.

from News-Economic Times https://ift.tt/yV8XCQDug