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Rule for setting private aerospace and defense companies in India


07-Nov-2023 (In Corporate Law)
What are the restrictions, rules and procedures for setting up a private aerospace and defense company in India?
Answers (4)

Answer #1
834 votes
Dear Sir,

Thank you for your query.

In order to answer your query properly, I would request you to kindly provide some more details. Would this investment be from India or foreign investment and what areas are you focussing.

Thanks
Saurabh
Answer #2
933 votes
Sir,

The Ministry of Defence, on 17 February 2012, released the guidelines for establishing JV companies by DPSUs. These form only the basis of what you are asking for.

This concept is a little complicated and I would request you to contact me for the response of this.
Answer #3
748 votes
Defence is a a very sensitive sector. We need to to first assess your scope of activities- whether they are permissible or not. Secondly, if there is any foreign investment or technology transfer that you are contemplating. Thirdly, government or private customers- whom will your company be catering to? Advise in this sector cannot be given on such posts; should you please, let us have a brief meeting and take this ahead. I have advised various clients In This sector.
Answer #4
596 votes
Sir
It depends on the product/equipment that you are planning to manufacture, if your are manufacturing product listed in sensitive list issued by the ministry of industry then the company is first required to get the approval for starting the production.

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