India will possibly not import any defence items going forward Defence Ministry official
New Delhi Mar 30 PTI India does not differentiate between foreign and domestic companies but going forward it will possibly not import any defence item a top Defence Ministry official said on Wednesday India was the worlds largest importer of major arms in 201721 and accounted for 11 per cent of total global arms imports in the period Stockholm-based defence think-tank SIPRI had stated earlier this monthAs long as foreign OEMs original equipment manufacturers are in India and as long as they are designing and manufacturing within India the Indian government is completely equitablesaid Sanjay Jaju Additional Secretary Defence Production Ministry of Defence in his speech at an event of industry body PHDCCII have friends from global OEMs like Lockheed Martin sitting right here It is not a commentary on foreign OEMs because we are ownership agnostic now he saidThe Centre does not differentiate between foreign OEMs and LTs domestic OEMs of the world Jaju stated For us all of you are equal All our policies are designed in a manner in which all of you get equal opportunities But one point that is now coming is that going forward possibly we will not be importing anything One can say that at the outset he saidIn the last four months the Centre has been reviewing all the Buy-Global cases that are in the contracting phase right now Jaju said Under Buy-Global procurement category outright purchase of defence items — with no need of subsequent indigenous production — from foreign and Indian vendors is permittedJaju said the Centre has cancelled close to Rs 60000 crore worth of Buy-Global cases A little bit of difficult situation for the Lockheeds foreign OEMs of the world but I think you can substitute it with a string of projectsto design and develop the systems within our country he added PTI DSP TDS TDS
New Delhi Mar 30 PTI India does not differentiate between foreign and domestic companies but going forward it will possibly not import any defence item a top Defence Ministry official said on Wednesday India was the worlds largest importer of major arms in 201721 and accounted for 11 per cent of total global arms imports in the period Stockholm-based defence think-tank SIPRI had stated earlier this monthAs long as foreign OEMs original equipment manufacturers are in India and as long as they are designing and manufacturing within India the Indian government is completely equitablesaid Sanjay Jaju Additional Secretary Defence Production Ministry of Defence in his speech at an event of industry body PHDCCII have friends from global OEMs like Lockheed Martin sitting right here It is not a commentary on foreign OEMs because we are ownership agnostic now he saidThe Centre does not differentiate between foreign OEMs and LTs domestic OEMs of the world Jaju stated For us all of you are equal All our policies are designed in a manner in which all of you get equal opportunities But one point that is now coming is that going forward possibly we will not be importing anything One can say that at the outset he saidIn the last four months the Centre has been reviewing all the Buy-Global cases that are in the contracting phase right now Jaju said Under Buy-Global procurement category outright purchase of defence items — with no need of subsequent indigenous production — from foreign and Indian vendors is permittedJaju said the Centre has cancelled close to Rs 60000 crore worth of Buy-Global cases A little bit of difficult situation for the Lockheeds foreign OEMs of the world but I think you can substitute it with a string of projectsto design and develop the systems within our country he added PTI DSP TDS TDS
