Defence Minister Approves Private Sector to Compete with Defence PSUs

 

New Delhi. In a significant move from the past and giving a major boost to the ‘Make in India’ initiative in Defence and Aerospace sector, Defence Minister Rajnath Singh approved the proposal to allow Private Sector industry compete with Ordnance Factories and Defence Public Sector Units (DPSUs) for the prestigious Defence Minister’s  Awards for Excellence.

ads

Earlier, it was only Ordnance Factory Board (OFB) Units and DPSUs which could compete for these Annual  Defence Minister Awards and the Private Sector industry was not eligible for any national level award competition.

The revised format includes awards in Institutional and Individual and Team category for Excellence in Technological Breakthroughs, Indigenization and Import Substitution and Excellence in Exports. Separate sub-categories for Large, Medium, Small and Start-Up segments have been included to provide a level playing field for competition. The amount of Cash Award has also been significantly increased in case of Individual and Team Awards.

The nominations for awards will be invited on-line and a web portal will be developed for uploading and management of applications. The selection process will include assessment by an Expert Committee and Jury of eminent experts. A separate cell for handling all activities pertaining to  the Awards will be opened under Director General of Quality Assurance (DGQA).

It is expected that this move will facilitate widening and deepening of Industrial base in Defence and Aerospace Sector by identifying ‘hidden gems’ and wider recognition of outstanding Indian firms amongst national and international customers. It is also expected to provide a boost to export potential of Indian defence industry, especially for MSME and Start-Up firms, by publicising their outstanding achievements at the global level.

big bang

Detailed guidelines for ‘Raksha Mantri’s Awards for Excellence in Defence and Aerospace Sector’ are available at https://www.ddpmod.gov.in, http://makeinindiadefence.gov.in and http://www.dgqadefence.gov.in.

More like this

Indian Army Seeks Joint Development Partner for Sovereign Swarm Capability

New Delhi: Looking to build its own sovereign swarm...

North Tech Symposium 2026: Dhash Defense Systems to Showcase Indigenous All-Terrain Vehicles

Prayagraj: Dhash Defense Systems, the defence technology arm of...

Great Nicobar: India’s Gateway to the Global Maritime Economy

The Economics of Geography: India’s Missed Maritime Advantage: India...

India-Pakistan Hostility: Terrorism, Water Leverage and the China Factor

Relations between India and Pakistan continue to be defined...

Indigenous Advanced Stealth Frigate ‘Mahendragiri’, Sixth Ship of Project 17A Delivered to Indian Navy

Mumbai: Mahendragiri (Yard 12654), the sixth ship of Nilgiri-class...

Elbit Systems in Partnership with Mistral Inc. to Provide THOR Group 2 UAS to US Army

Tel Aviv: Israeli company Elbit Systems will provide its...

SkyDrive Wins “Best Awareness Raisers of the Year” at Global AAM Awards 2026

Tokyo: SkyDrive Inc. was awarded with the "Best Awareness...
Indian Navy Special Edition 2025spot_img