Defence
DefExpo 2022: PM Modi Announces Fourth Positive Indigenisation List Of 101 Defence Items
PM Modi at DefExpo2022 (Pic Via PIB)
With an aim of achieving self-reliance and boosting exports in defence sector, Prime Minister Narendra Modi on Wednesday (19 October) announced the ‘Fourth Positive Indigenisation List’ of 101 defence items during the opening ceremony of DefExpo 2022 in Gandhinagar, Gujarat on Wednesday (19 October).
The Defence Ministry had earlier promulgated 'First, Second and Third Positive Indigenisation Lists', comprising 310 items on 21 August 2020, 31 May 2021 and 7 April 2022, respectively.
All the items included in the lists will be procured from indigenous sources as per provisions given in Defence Acquisition Procedure (DAP) 2020.
The fourth list has been prepared by the Defence Ministry after several rounds of consultations with all stakeholders, including the industry.
The list lays special focus on equipment/systems, which are being developed and likely to translate into firm orders in the next five to ten years, the Defence Ministry said in a statement.
Like the first three lists, import substitution of ammunition which is a recurring requirement has been given special focus, the ministry said.
It added that the fourth list recognises the growing capacity and capabilities of the Indian defence industry and is likely to stimulate the potential of domestic research and development by attracting fresh investment into technology and manufacturing capabilities.
The items listed in the fourth list will provide ample visibility and opportunity to the domestic defence industry for understanding the trend and futuristic needs of the armed forces and create requisite R&D and manufacturing capacity within the country, it said.
The ministry further said that it will facilitate a conducive environment and render all possible support to the industry to ensure that the timelines mentioned in the ‘Fourth Positive Indigenisation List’ are met, thereby achieving self-reliance in defence and developing the capabilities for exports within the country in a time-bound manner.
(This story has been published from a wire agency feed without any modifications to the text. Only the headline has been changed.)
Support Swarajya's 50 Ground Reports Project & Sponsor A Story
Every general election Swarajya does a 50 ground reports project.
Aimed only at serious readers and those who appreciate the nuances of political undercurrents, the project provides a sense of India's electoral landscape. As you know, these reports are produced after considerable investment of travel, time and effort on the ground.
This time too we've kicked off the project in style and have covered over 30 constituencies already. If you're someone who appreciates such work and have enjoyed our coverage please consider sponsoring a ground report for just Rs 2999 to Rs 19,999 - it goes a long way in helping us produce more quality reportage.
You can also back this project by becoming a subscriber for as little as Rs 999 - so do click on this links and choose a plan that suits you and back us.
Click below to contribute.
Latest
