"A lot of things have been streamlined. Earlier what used to happen in offset agreements was that once you are part of an agreement, you can't change anything. Now full flexibility has been given to the industry to choose their offset partners and components provided both are in the eligibility list," he said.
Gupta added that the government has provided 319 licenses to 190 companies since 2001. Of these, 50 companies having 79 licences have already started production.
