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Defence Ministry asks IB to keep an eye on private defence firms (Copy Right @ The Economic Times)

Indian Navy Frigate ( Pic credits- Wikimedia commons/ United States Navy) NEW DELHI: The Defence Ministry has asked the Intelligence Bureau to keep an eye on the private sector defence companies to prevent leakage of classified information about Indian military projects to foreign nationals. The move has come at a time when the Narendra Modi government is taking several steps to promote private sector in the military industrial sector and a number of new such firms are expected to come up in the near future. "The CEOs of private sector firms will have to report to the Intelligence Bureau about the visit of foreign nationals within 15 days of any such visit to their production facility," says a Defence Ministry circular issued recently. These firms will have to compulsorily provide details of the purpose and the details of the visits by these foreign nationals to the Intelligence Bureau, it said. The Defence Ministry has also made it mandatory for the private defence