comScore
Active Stocks
Fri Dec 01 2023 15:59:55
  1. Tata Steel share price
  2. 129.95 1.56%
  1. Reliance Industries share price
  2. 2,393.45 0.72%
  1. NTPC share price
  2. 269.05 2.97%
  1. ICICI Bank share price
  2. 946.35 1.19%
  1. HDFC Bank share price
  2. 1,555.5 -0.22%
Business News/ Industry / Manufacturing/  Rajnath Singh clears indigenisation of 780 defence items
Back Back

Rajnath Singh clears indigenisation of 780 defence items

This is in continuation to the two indigenisation lists that were published in December 2021 and March 2022 which contain 2,500 items which are already indigenised and 458 items which will be indigenised within the given timelines

Defence minister Rajnath Singh. (ANI)Premium
Defence minister Rajnath Singh. (ANI)

NEW DELHI : Pursuing self-reliance in defence manufacturing and to minimise imports by state-owned firms in the defence sector, defence minister Rajnath Singh has approved indigenisation of 780 strategically important line replacement units, sub-systems and components, said an official statement. 

The ministry has brought out details of these products and these will only be procured from the Indian industry after the timelines indicated in the list, the statement said. The idea is to achieve self-reliance in the defence sector. 

This is in continuation to the two indigenisation lists that were published in December 2021 and March 2022 which contain 2,500 items which are already indigenised and 458 items which will be indigenised within the given timelines, said the statement. 

Indigenisation of these items will be taken up through different routes under ‘Make’ category. ‘Make’ category aims to achieve self-reliance by involving greater participation of the Indian industry. Projects involving design and development of equipment, systems, major platforms or upgrades thereof by the industry can be taken up under this category.

The indigenous development of these systems will bolster the economy and reduce the import dependence of defence public sector companies, the statement said. In addition, it will help to harness the design capabilities of domestic defence industry and position India as a design leader in these technologies.

Defence public sector units will soon float expressions of interest/request for proposal and industry may come forward to participate in large number, the statement said. 

Milestone Alert!
Livemint tops charts as the fastest growing news website in the world 🌏 Click here to know more.

Catch all the Industry News, Banking News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Updated: 28 Aug 2022, 07:51 PM IST
Next Story footLogo
Recommended For You
Manufacturing Stocks
₹515.450.35%
ITC
₹435.63.28%
₹2,376.40.72%
₹127.951.56%
Switch to the Mint app for fast and personalized news - Get App