Question : EUROPEAN INVESTMENT IN DEFENCE SECTOR



(a) whether the European Defence Consortium proposes to make long-term investment in Defence sector in the country;

(b) if so, the details thereof; and

(c) the details of Memorandum of Understandings (MoU) signed in this regard?

Answer given by the minister


MINISTER OF STATE IN THE MINISTRY OF DEFENCE (SHRI M.M. PALLAM RAJU)

(a) Government is not aware of entity by the name of European Defence Consortium.

(b) & (c): Does not arise in view of reply to part (a) above.