New Delhi, July 26 -- A total 333 private companies have been issued 539 industrial licences for defence production in India and out of these, 110 companies have started production.

In a written reply to Vijay Pal Singh Tomar in the Rajya Sabha on Monday, Minister of State for Defence, Ajay Bhatt, said that the defence industry sector, which was hitherto reserved for the public sector, was opened up to 100 per cent for Indian private sector participation in May, 2001. Thereafter, many measures have been taken by the government to promote private sector participation.

Out of the total capital acquisition budget for the year 2021-22, 64.09 per cent has been earmarked for domestic capital procurement, while the defence capital outlay has b...