India has taken a major step towards opening one of its most sensitive areas of defence production to private companies.Defence Minister Rajnath Singh approved the transfer of technologies developed by the state-run Defence Research and Development Organisation (DRDO) for all conventional missile systems to Indian industry for domestic production, the country’s Ministry of Defence said on Tuesday.Recommended Stories list of 3 itemslist 1 of 3Two Kashmir brothers: One killed by rebels, another by army 26 years laterlist 2 of 3Indian PM Modi meets Myanmar military gov’t leader in New Delhilist 3 of 3How Indian PM Modi’s efforts to isolate Pakistan ‘backfired’end of listThe move marks a significant shift for the sector dominated by government-run firms and research laboratories. Private companies will be able to compete for the technology and production rights, subject to technical qualifications, certifications and other regulatory requirements, the ministry said.The Narendra Modi-led government says the aim is to move missiles from development into mass production faster, increase domestic manufacturing and reduce India’s dependence on imports.So, does India’s private defence indust...

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