New defence procurement policy in Sept to reduce imports
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New defence procurement policy in Sept to reduce imports

Last Updated: Tuesday, February 16, 2010, 18:23
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New Delhi: Government on Tuesday called for greater involvement of the private sector in defence production and said the country's Defence Procurement Policy (DPP) would be fined tuned by September to reduce imports and promote indigenisation.

Inaugurating a FICCI-sponsored seminar on 'Defence Procurement - Movement from Offsets to Buy and Make Indian' here at the DefExpo, Defence Ministry's Director General Acquisition Shashi Kant Sharma said the changes in the DPP will be released by September this year.

The changes relate to value addition, focus on critical technologies, a conducive taxation regime and strengthening of research and development, he said.

"DPP is not an end in itself, but a vehicle to meet the larger goal of security of the nation," Sharma said, adding that if India has to have a say globally, it needs to have a vibrant defence industry.

In this context, Sharma said there was a need for greater involvement of the private sector in defence production and its capability to absorb technologies would have to match what was available worldwide.

The introduction of 'Buy and Make (Indian)' category in the DPP-2009 was designed to enhance participation by the private sector, meeting Indian requirements for state-of-the-art defence systems and platforms by getting into tie-ups with technology providers through the mechanism of technology transfer in joint ventures.

"This is a major step, which has been taken by the government as a result of the review of DPP.

"In capital acquisition cases categorised as 'Buy and Make (Indian)', the Request for Proposal (tenders) will be issued to those Indian industries that have requisite financial and technical capabilities to enter into Joint Ventures, as also absorb technology and undertake indigenous manufacture," Sharma said.

"The procedure to be followed in this regard will be akin to the existing 'Make' procedure with a difference that the production and development by the Indian industry will be through Transfer of Technology and not through Research and Development.

"This provides companies an opportunity to pursue tie ups and joint ventures as 'Buy Indian', 'Buy and Make Indian, and 'Make' will be the preferred categories with option of 'Buy Global' being resorted to only where equipment with requisite Qualitative Requirements are not possible to be procured through these methods in the required time frame," he added.

On the ongoing modernisation of the armed forces and the acquisition reforms, Sharma said the Indian defence market now offered great opportunity for formation of joint ventures and direct sourcing by the global players.

"India needs highly sophisticated and technologically advanced products to meet requirements of the armed forces.

"The government was also looking for collaborations in the field of Defence R&D and tie-ups in critical technology areas in order to meet the requirements of the Armed Forces through indigenous sources to the extent possible," he noted.

PTI

First Published: Tuesday, February 16, 2010, 18:23

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