Why it is necessary to go for Indigenisation of defence equipments?
First of all, India has all the necessary prerequisites for a robust military-industrial complex: a diverse private sector, a large base of engineering institutes, and a growing defence budget.
However, India also faces a combination of security threats from both state and non-state actors is an obvious reason by it needs to be self-reliant in military equipment. It will also significantly reduce the potential for corruption in military procurement.
The move will give fillip to make in India and job creation. It will also bring down dependence on imports.
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Defence Sector – DPP, Security forces, etc. – Civilsdailyon a smaller scale. It seeks to promote SMEs
The DPP accords higher priority to categories, which mandate high levels of indigenisation, while it gives l ower priority to categories, which allow a greater role to foreign production.
<span>Why it is necessary to go for Indigenisation of defence equipments?
First of all, India has all the necessary prerequisites for a robust military-industrial complex : a diverse private sector, a large base of engineering institutes, and a growing defence budget.
However, India also faces a combination of security threats from both state and non-state actors is an obvious reason by it needs to be self-reliant in military equipment. It will also significantly reduce the potential for corruption in military procurement.
The move will give fillip to make in India and job creation. It will also bring down dependence on imports.
Future
The FDI ceiling in defence should be revised upward from current 49%. Original equipment makers are not willing to part with their technology when they don’t have control Emp Summary
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