Greater Noida: Vice Chief of Army Staff Lieutenant General Philip Campose has emphasised the need for a `synergised approach` to ensure the success of the `Make In India` initiative in the defence sector.
Inaugurated a seminar titled `Make in India Made Easy: Opportunities and Challenges in Defence Sector` at the Army Institute of Management Technology (AIMT) here, Lt. Gen. Campose said that around 60 percent of India`s defence procurement requirements are met by imports.
"In the defence sector alone, India is expected to invest over USD 250 billion in the next seven to eight years," he said.
The seminar also included a review of equipment, with the display including gear procured from Special Financial Power`s of the Army Commander`s Fund, product improvements and products under development by DRDO and Department of Indigenisation.
