The exercise undertaken by the government in terms of defence procurement will start yielding results from next year onwards. In defence procurement we have planted some grafts, which I expect to produce result, but even there you have to wait for 2-3 years, now two years are over and probably 2017 is a year where whatever exercise has been carried out will start yielding results. Most of the issues pertaining to defence procurement procedure are being gradually sorted out.
‘Make in India’ is one of the areas where media generally does not make controversy. I always think aloud. I am a sort of person, who likes to throw ideas into the public and listen to them. But now a days it seems quite dangerous, but Make in India is an initiative where I can freely share ideas.
FDI in Defence does not come overnight. 'Make in India' is an important aspect. A number of steps has been taken by the government in the defence sector, like removing a 13number of items from the exports list from the aviation sector. For the defence license, all those which are manufactured under this (aviation) category, which were actually defence exports are now not categorised as defence exports.
This story is from the January 01, 2016 edition of Uday India.
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This story is from the January 01, 2016 edition of Uday India.
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