Sunday, February 22, 2015

Make in India - Defence Equipment - $20 Trillion Economy Opportunity











Defence Production Policy, 2011 to encourage indigenous manufacture of defence equipment. Defence Procurement Procedure (DPP) has been amended to provide for the following :
1. Preference to ‘Buy (Indian)’ and ‘Buy and Make (Indian)’ over ‘Buy (Global)’.
2. Simplification of the procedure for ‘Buy and Make (Indian)’.
3. Clear and unambiguous definition of indigenous content.
4. Provision for Maintenance TOT to Indian Industry partners.

Defence products list for industrial licensing, has been articulated in June 2014, wherein large numbers of parts/components, castings/forgings etc. have been excluded from the purview of industrial licensing. The same is available at the DIPP’s website, www.dipp.gov.in.


The defence security manual for the private sector defence manufacturing units have been finalized and put in public domain by the Department of Defence Production. The manual clarifies the security architecture required to be put in place by the industry while undertaking sensitive defence equipments.


The MAKE procedure, which aims to promote R&D in the industry with support from the government and the placement of orders (if R&D effort is successful), is also being revised to make it more attractive and unambiguous for the private sector.

http://www.makeinindia.com/sector/defence-manufacturing/


February 2015
Prime Minister Narendra Modi's Speech in support of Make in India in Aero India 2015 Show
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NDTV Upload

Updated  22 Feb 2015, 15 Feb 2015

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