ironman
SENIOR MEMBER
- Joined
- Feb 7, 2009
- Messages
- 1,438
- Reaction score
- 0
- Country
- Location
No more imported warships
Manu Pubby
Thu Nov 11 2010, 01:48 hrs
New Delhi:
In a significant announcement, Defence Minister A K Antony has indicated that the Indian Navy will no longer rely on imports when it comes to warships as all future procurements will be made in India. The minister also announced that private shipbuilders in the country will be given a level playing field and will have to compete with public sector shipyards for defence contracts.
Antony said that in January, the Defence Ministry will come up with a new procurement policy that will contain drastic steps to speed up the goal of decreasing dependence of imports for defence platforms. Antony said that at the moment, almost 70 per cent of defence equipment is imported.
Conceding that the public sector undertakings alone will not be able to meet the requirements of the Armed Forces, Antony said that the ministry is formulating a new policy to give the private sector more opportunities. Antony hinted that the Navy would be the first force to get rid of dependence on foreign suppliers for major platforms.
No more imported warships