In order to strengthen the indigenisation of defence production, the Government has formulated a Defence Production Policy which came into effect from January 2011.
In pursuance to implementation of Defence Production Policy, the revised Defence Procurement Procedure, inter-alia, provides for the following:
Preference to ‘Buy (Indian)’, ‘Buy & Make (Indian)’ and ‘Make’ categories over ‘Buy (Global)’ or ‘Buy & Make’ categories of Capital Acquisition cases.
The procedure for ‘Buy & Make (Indian)’ category introduced in 2009, has been further simplified in order to make the category more attractive for Indian Defence Industry.
A clear definition of indigenous content has been provided which would not only bring more clarity on the indigenous content required for different categorization, but also enhance the indigenization of defence products in India.
In ‘Buy (Global)’ cases, it will now be possible for the vendor to give Maintenance ToT to an Indian entity.
This information was given by Minister of State for Defence Shri Jitendra Singh in a written reply to Dr. R. Lakshmanan in Rajya Sabha today.
Source:pib
In pursuance to implementation of Defence Production Policy, the revised Defence Procurement Procedure, inter-alia, provides for the following:
Preference to ‘Buy (Indian)’, ‘Buy & Make (Indian)’ and ‘Make’ categories over ‘Buy (Global)’ or ‘Buy & Make’ categories of Capital Acquisition cases.
The procedure for ‘Buy & Make (Indian)’ category introduced in 2009, has been further simplified in order to make the category more attractive for Indian Defence Industry.
A clear definition of indigenous content has been provided which would not only bring more clarity on the indigenous content required for different categorization, but also enhance the indigenization of defence products in India.
In ‘Buy (Global)’ cases, it will now be possible for the vendor to give Maintenance ToT to an Indian entity.
This information was given by Minister of State for Defence Shri Jitendra Singh in a written reply to Dr. R. Lakshmanan in Rajya Sabha today.
Source:pib
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