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Answer

Correct Option is Both (ii) and (iii) are correct

(ii) Though efforts to involve the private sector in defence production have been made for some 20 years now, and industry “majors” like Larsen & Toubro, Mahindra, and one branch of the Reliance empire are among those who have responded, less than ten per cent of purchases are from private firms.
(iii)Even though efforts to involve the private sector in defence production have been made for some 20 years now, and industry “majors” like Larsen & Tourbro, Mahindra, and one branch of the Reliance empire are among those who have responded, less than ten per cent of purchases are from private firms. 

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