
Defense Minister Rajnath Singh has approved a fresh list of 780 components and subsystems, which will be procured from domestic industry only after imports are banned within a time frame of six years. The third 'positive indigenization' list aims to reduce imports by Defense Public Sector Undertakings (DPSUs).
The Ministry of Defense has set a specific time frame for the import ban of goods in the period from December 2023 to December 2028. Defense Minister Rajnath Singh has approved the third list of 780 Line Replacement Units with a time limit, after which they will be procured only from the domestic industry, the statement said.
This list is in continuation of two similar positive lists brought out in December 2021 and March 2022. The Defense Ministry has set a target of USD 25 billion (Rs 1.75 lakh crore) in business in defense manufacturing over the next five years, which includes exports of military hardware worth USD 5 billion.
Indigenization will be done under the 'Make' category
Indigenization of these items will be done through various routes under the 'Make' category, the ministry said. The 'Make' category aims at achieving self-reliance by involving greater participation of the Indian industry in defense manufacturing. The Indian Armed Forces are estimated to spend around US$130 billion in capital procurement over the next five years. The government has now decided to reduce dependence on imported military platforms and support domestic defense manufacturing.
The 79th British Academy Film Awards (BAFTA 2026) were held at the Royal Festival Hall in London
Taliban lashed out at girl students: Girls were protesting outside the university against the burqa
Taliban officers flogged girls protesting the burqa outside Afghanistan's Badakhshan University.
There is continuous controversy regarding Covishield. Vaccine maker AstraZeneca admitted for the
After Ranveer Allahabadia's objectionable statement in Samay Raina's show 'India's Got Latent', h
The Russian-Ukraine War has completed for 6 months on Tuesday. But so far no solution has been fo
Major Relief for Migrant Workers: No Shortage of 5-kg Cylinders; Government Doubles the Quota.
Amidst the disruptions in LPG cylinder supplies in India caused by the war in the Middle East, th
High alert issued in states bordering Nepal, soldiers searching people at the border
The situation in Nepal is going from bad to worse. Meanwhile, the Nepal Army has imposed curfew,
Prime Minister Narendra Modi has stressed the importance of water conservation and said that it i
Jamiat Ulema-e-Islam (F) chief Maulana Fazlur Rehman termed the Pakistan Tehreek-e-Insaf (PTI) lo
US Capitol Riot: Police can prosecute Donald Trump in US Parliament riot case
Difficulties may increase in the case of riots on January 6, 2021, at the US Parliament (Capitol