Professional Documents
Culture Documents
August 1, 2019
Introduction:
Body:
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Mazagaon Dock Shipbuilders Limited (MDL) currently is constructing Missile
Destroyers, Stealth Frigates (P-15 B destroyers and four P-17A stealth frigates)
and Scorpene Submarines (INS Kalvari, INS Vela).
Garden Reach Shipbuilders and Engineers Limited (GRSE) is working on 14
warships, including two Antisubmarine Warfare Corvettes (ASWC), eight Landing
Craft Utility (LCU) ships and four Water Jet Fast Attack Crafts (WJFAC).
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Low accountability: The absence of accountability and the presence of political
interference are high. For example, BEML’s indigenised Bofors howitzers project
went into cold storage due to political compulsions in the late 1980s.
Low Research and Development capacity and low exports.
FDI Policy has been revised and under the revised policy, FDI is allowed under
automatic route up to 49% and beyond 49% through Government route.
The Defence Products List for the purpose of issuing Industrial Licenses (ILs)
under IDR Act has been revised so as to reduce the entry barriers for more than
8000 MSMEs which are among the vendor base of OFB & Defence PSUs
supplying various items to them.
An innovation ecosystem for Defence titled Innovations for Defence Excellence
(iDEX) aimed at creation of an ecosystem to foster innovation and technology
development in Defence and Aerospace to carry out R&D.
NITI Aayog and the NSAB recommended a restructuring of all defence PSUs
under a single body that can be governed by a different ministry, like the Ministry
of heavy industries and public enterprises.
Several projects have now been kept on a competitive basis, in which both PSUs
and private industry are participating.
Way forward:
Conclusion:
Defence industry is highly technology driven and it is the private sector that adapts itself
better to rapidly changing technology. ‘Make in India’ for defence can be encouraged
with equal help and advanced technical know-how of the private players along with the
combination of public enterprises to reap out the best of both sides.
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