New Delhi. 31 August 2023. MTAR Technologies Limited receives the Defence Industrial License (DIL: 14(2023)) for production of various mechanical and electronic subsystems in Defence sector. This will facilitate the ease of doing business with foreign MNCs on various defence projects.
The license will enable the company to be partner with foreign MNCs and cater to both Domestic & Export markets by taking up projects under Buy (Indian)’, ‘Buy & Make (Indian)’ & ‘Make’ categories of acquisition, thereby increasing the share of Defence in our revenues.
