130 Proposals Worth Rs 2,63,704 Crore Approved For Defence Manufacturing: Shripad Naik

0
559
Advertisement
  • The government has accorded 130 proposals in the last three years from 2016-17 to 2018-19 and September of this year
  • The Defence Procurement Policy aims to achieve substantive self-reliance in the design, development and production of equipment, weapon systems, platforms

According to a report by Indusdictum, Shripad Naik, the minister of state for defence in a written reply in the Lok Sabha said that the government has accorded Acceptance of Necessity (AoN) to 130 proposals, worth Rs 2,63,704 crore approximately under categories of of capital procurement which promote domestic manufacturing as per Defence Procurement Policy (DPP-2016). The government has accorded 130 proposals in the last three years from 2016-17 to 2018-19 and September of this year.

Indigenisation and broadening the defence R&D base

The DPP aims to achieve substantive self-reliance in the design, development and production of equipment, weapon systems, platforms. It also wants to create an environment conducive for the private sector that will lead to indigenisation and broadening the defence R&D base of the country as per the report.

The report said that Naik also said that projects of capital procurement of defence equipment are undertaken based on threat perception, operational challenges and technological changes. The government also aims to keep the armed forces in a state of readiness to security challenges with these procurements.

Advertisement

SHARE YOUR THOUGHTS & COMMENTS

Please enter your comment!
Please enter your name here

Are you human? *