Saturday, September 10, 2016

CII & Ordnance Factory Board seminar in Delhi on OFB—Industry partnership for vendor development & Outsourcing

In his inaugural address, Raksha Mantri Manohar Parrikar congratulated OFB & CII for teaming up for such a seminar and exhibition. He said interactions like these indicates Government’s commitment to ease of doing business. He further added that Ministry of Defence will ensure a level playing field for the private sector and that several steps have been taken towards the same. He cited example of Exchange Rate Variation (ERV) that was a long pending issue that was addressed.