Defence manufacturing towards more indigenisation
21 December, 2016
Decisions on defence procurement are taken faster in the present regime than earlier. Union Home Minister Rajnath Singh said this on the ASSOCHAM event “Defence Production: Self Reliance and Beyond”. While highlighting the need for incentivising producers in the sector, he said that foreign defence manufacturers are eager to come to India and are also ready for transfer of technology. Defence Minister, Manohar Parrikar encouraged the ASSOCHAM initiative and asked for recommendations within the next 15 days, assuring proper deliberations on them. He asserted that the defence procurement policy initiatives taken by the government shall start yielding result in 2017.