Source:-Defence PSUs for foreign tie-up
In a proposed change to the much talked about strategic partnership (SP) model for ‘Make in India’ in defence sector, the Ministry of Defence is considering changes to the policy, including allowing its Public Sector Undertakings to partner foreign companies.
Producing world-class military equipment hinges on ‘SP model’. Production of four crucial military items — fighter jets (both for the Navy and IAF), submarines, helicopters (for all three services) and new-generation tanks are listed under this model. Defence Production Secretary Ajay Kumar said on Wednesday: “Some issues have come up. We are sorting them out.”
Till now the ‘SP model’ allows the Ministry of Defence (MoD) to select an Indian private company to collaborate with a foreign partner. The MoD will now also consider the Defence PSUs. Defence Production Additional Secretary Subhash Chandra, on being asked if the DPSUs will be considered, said: “We remain committed to a level playing. We will consider including the DPSUs if they have the wherewithal to do this.”
In May 2017 — ending almost two years of discussions with industry and experts — the Modi government cleared the SP model. It was made a part of defence procurement procedure (DPP), the guiding framework of making military equipment in India.
Ajay Kumar said the four-day def-expo-2018 will open in Chennai on April 11. The theme this year will be ‘India: the emerging defence manufacturing hub’. For the first time India will be showcasing its own made land, air and naval equipment. India will project its defence manufacturing capabilities to the world. — TNS
At DefExpo, fewer foreign exhibitors
Despite making tall claims over DefExpo-2018, the MoD has accepted the number of exhibitors will be down by about 10% from the last edition, held in Goa in 2016. 677 exhibitors, including 523 from India, had confirmed their participation in DefExpo-2018.
Source:- The Tribune
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