Reforms in defence production to be in place soon: Parrikar

The Defence minister also said that several existing regulations have held back the repairs of roads leading to the country's borders

Press Trust of India Panaji
Last Updated : Feb 06 2015 | 12:46 PM IST
Union Defence Minister Manohar Parrikar today said the reforms in defence production would be in place in the next few months.

"When we took over in Goa, the atmosphere in the state's industrial scenario was negative as people had to go through several authorities," Parrikar said while addressing the Goa Investment Summit organised by Confederation of Indian Industries (CII).

"We find similar set of mindset in defence production. We have taken these issues in defence production on priority basis and in a few months, they will be completed," he said.

Also Read

However, refusing to spell out details, he said, "I believe when we actually complete it, we should start bragging about it."

The Defence minister also said that several existing regulations have held back the repairs of roads leading to the country's borders.

"Defence of the country is of paramount importance. Enemy of the country is not going to consider your laws. There should be proper set of laws for Defence projects," he said.

Addressing the investors, Parrikar also said that the Centre is toying with the idea of setting up a helicopter production unit in Goa.

"Goa has all the infrastructure required to set up such a unit. We have not finalised anything, but government is considering it," he said.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 06 2015 | 12:35 PM IST

Next Story