Contracts in Defence Sector

 

New Delhi. Capital procurement of defence equipment is carried out as per the extant Defence Procurement Procedure (DPP). DPP-2016 focuses on institutionalizing streamlining and simplifying defence procurement procedure to give boost to ‘Make in India’ initiative of the Government of India, by promoting indigenous design, development and manufacturing of defence equipment, platforms, systems and sub-systems. Ministry of Defence is committed to the objectives of DPP-2016 and is taking all steps necessary to realize these objectives.

ads

During the last three years and current year (upto June, 2018) out of total 168 contracts, 106 contracts have been signed with Indian vendors for procurement of defence equipment for Armed Forces such as Helicopters, Radar, Ballistic Helmets, Artillery Guns, Simulators, Missiles, Bullet Proof Jackets, Electronic Fuzes, and ammunition.

Government has also promulgated the policy of Strategic Partnership in the Defence Sector which encourages participation of the private sector in manufacture of major defence platforms and equipment in four selected segments viz. Submarines, Fighter Aircraft, Helicopters and Armoured Fighting Vehicles / Tanks.

This information was given by Union Minister of State for Defence Dr. Subhash Bhamre in a written reply to Mr Ahamed Hassan and Dr. Sanjay Sinhin Rajya Sabha here on July 23, 2018.

More like this

Airbus Awarded Contract for SpainSat NG-III Secure Communications Satellite 

Toulouse, France / Getafe, Spain. Airbus Defence and Space has...

Pakistan’s Unfinished Battle at Home

Pakistan's military leadership has recently started projecting a global...

India’s Future Strategic Discourse: Big Bet on Nuclear Power and Small Modular Reactors

India finds itself at a crucial juncture with regard...

Miles to Go…

The character of warfare is undergoing one of its...

Air India, SkyDrive and Suzuki Sign MoU for Feasibility Study of Medical Air Logistics in India

Tokyo / New Delhi: Air India Limited (hereinafter, Air...

The Frozen War and the Fractured West

More than four years after the launch of the...

India’s Defence Exports: Potential and Prospects

Registering a year-on-year growth of 62.66%, India’s defence exports...

The Map is Not the Territory

Recent security-related discourses on Indian television have popularised the...
Indian Navy Special Edition 2025spot_img