Bar on def imports: Unions see red, pvt cos ready with foreign tie-ups
(WorldNews India)

Nagpur: The government`s move to impose an embargo on import of 101 items has evoked sharp criticism from a section of unions in the ordnance factories, which feel it may only end up helping the private sector. The unions have already served a strike notice over the government`s plan to corporatize the Ordnance Factory Board (OFB). The private sector, on the other hand, sees a major opportunity, as companies are ready with foreign collaborations to start production in India. A source in Kalyani Group venture Bharat Forge said...