After import embargo, India is creating country profiles for its defence exports

Advertisement
After import embargo, India is creating country profiles for its defence exports
Raj Kumar, secretary at the Department of Defence Production, said that the government is preparing a country wise list for the export of defence itemsBCCL
India is preparing country-wise profiles of defence products and platforms to promote their exports and the government will stand "side by side" with the domestic industry in this endeavour through diplomatic channels, a senior Defence Ministry official said Monday. Raj Kumar, secretary, Department of Defence Production, said at a webinar that the domestic defence industry will hold web interactions with the representatives of friendly countries to figure out what kind of products and platforms they require.
Advertisement

"We are preparing country-wise profiles of products, weapons and platforms which are probably needed by our friendly countries. So we are now planning to start web interaction led by the industry," Kumar said.

"That country's defence attache, our DPSUs (defence public sector undertakings), industry, will then figure out what is in the store for us to promote there for exports," he said.

Kumar said the government will be standing side by side with the domestic industry through its defence attaches, embassies and diplomatic channels to promote exports.

To promote indigenous production, the Defence Ministry on August 9 announced restrictions on import of 101 weapons and military platforms including light combat helicopters, conventional submarines and cruise missiles under a staggered timeline till 2024.

Advertisement

Kumar said a second list of import-restricted defence items will be notified soon.

"This is the first list we are examining and then a second list will also come. We expect you (industry) to come forward and start investing to meet our requirements," he said at the webinar -- "Army Make Projects 2020" -- organised by FICCI.

The senior official said as successful domestic bidders move to the defence equipment production stage, his department will share their details with the UP and Tamil Nadu defence corridor authorities, who "will compete in attracting your units to their respective states".

He said since the three services are making efforts to push the "Make II" category of defence production projects, he will interact with project participants to understand their concerns and share best practices among the services.

As secretary of the Department of Defence Production, Kumar heads the collegiate committee that approves the "Make II" category of projects.

Advertisement
Under the Make II category, no government funding is given to the Indian company for the prototype development process. If a prototype developed by the company meets the standards set by the armed forces, an order is placed for such equipment or platforms.

"Everything, whether it is defence industrial corridor, or whether it is defence production and export promotion policy, or whether it is a negative list - everything works in the same direction that we have to be among the top producers of defence items," he said.

On August 9, Defence Minister Rajnath Singh said the ministry was now ready for a "big push" to indigenous defence manufacturing in tune with Prime Minister Narendra Modi's call for an "Atmanirbhar Bharat" (Self-Reliant India).

India is one of the most lucrative markets for global defence giants. The country has figured among the top three global importers of military hardware for the last eight years.

The Indian armed forces are projected to spend around USD 130 billion in capital procurement in the next five years.

Advertisement
SEE ALSO:
Tech Mahindra, HCL Tech, Wipro and likes are hoping global 5G race resumes next year⁠ — bringing some large deals before that

Gaza Strip's only power plant may run out fuel in the next 24 hours following Israel border shut, warns expert

The heat is on Mark Zuckerberg in India as Facebook and WhatsApp incur the ire of Modi's rivals
{{}}