Bhamre list out signed contracts
The government has 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.
Minister of State for Defence, Dr.Subhash Bhamre, said this in a written reply to Rajya Sabha on 23 July 2018.
He also disclosed that 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.
He stressed that 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 by promoting indigenous design, development and manufacturing of defence equipment, platforms, systems and sub-systems.
The Defence Ministry is committed to the objectives of DPP-2016 and is taking all steps necessary to realize these objectives, Dr Bhamre assured. fiinews.com
