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106 contracts signed under defence 'Make In India': Government

IANS  |  New Delhi 

The government on Wednesday said 106 contracts were signed in the last three and half years with local vendors for of amid mounting critcism that not even one big project could take off in what was billed as one of the cornerstones of the 'Make in initiative.

The contracts have been signed for the purchase of helicopters, radars, ballistic helmets, artillery guns, simulators, missiles, bullet proof jackets, electronic fuzes and ammunition, for Defence said in a written reply in the Lok Sabha.

He said the government also carried out the capital of as per the extant Defence Procedure (DPP)- 2016.

It "focuses on institutionalizing, streamlining and simplifying defence procurement procedure to give a boost to the 'Make in India' initiative by promoting indigenous design, development and of defence equipment, platforms, systems and "

He said the was committed to DPP-2016 and was taking all steps necessary to realize its objectives.

He said the government has also promulgated the policy of Strategic Partnership in the defence sector which encourages participation of the private sector in manufacture of major defence platforms and equipment in four selected segments - submarines, fighter aircraft, helicopters and armoured fighting vehicles and tanks.

However, with less than a year left in the five-year tenure of the Modi government, the is yet to award any major contract to private players for fighter jets, submarines and tanks.

--IANS

sar/sed

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, July 18 2018. 19:48 IST
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