New Delhi, March 28: The Ministry of Defence on Monday informed the Rajya Sabha that 153 defence items are planned to be indigenised up to December this year, and there is "no stoppage on their exports".
India plans to indigenise 153 defence items by December 2022
New Delhi, March 28: The Ministry of Defence on Monday informed the Rajya Sabha that 153 defence items are planned to be indigenised up to December this year, and there is "no stoppage on their exports".
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Asked about the amount of foreign reserve that would be saved, and whether the government is considering adding more items for indigenous production; the minister said, "In addition, to minimise import by DPSUs, Department of Defence Production (DDP) or Ministry MoD has also notified a positive indigenisation list of sub-systems or assemblies or sub-assemblies or components on December 27, 2021".
"The list contains 2,500 items, which are already indigenised and 351 items which will be indigenised in coming three years till December 2024. Of these 351 items, 172 items are planned to be indigenised up to December 2022."
The minister further said the positive indigenisation list comprised defence equipment that would be designed, developed and manufactured over a period from 2020 to 2025, therefore, it would not be possible to assess actual savings at this juncture.
However, as per available projections, Bhatt said, "It is estimated that over approximately Rs 5 lakh crore worth of equipment included in both the positive indigenisation lists will be procured from domestic industry over the next five to seven years.
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He also informed that the government is considering adding more items for indigenous production, mentioning "timeline to add more items is reviewed continuously based on the requirements of Armed Forces as well as capability of Domestic Industry".
-PTC News