Supreme Court: Bail Remains the Rule and Jail the Exception, Even under the UAPA Law  ||  Supreme Court: Principle of Res Judicata Also Applies Between Stages of the Same Case  ||  Supreme Court: Govt Servant Has No Right to Old Rule Promotion Just Due to Earlier Vacancies  ||  Delhi High Court: Students Having Zero Attendance Cannot be Promoted to the Next Semester  ||  J&K&L HC: Replacing 'State' With 'Union Territory' in Public Safety Act Does Not Change its Nature  ||  Kerala High Court: Doctor Cannot Enrol as an Advocate Without First Cancelling Medical Registration  ||  Supreme Court: VAT is Not Applicable on Reliance’s Inter-State Gas Supply from KG Basin to UP  ||  Supreme Court: Co-Owner Can File Eviction Suit as Landlord under Bombay Rent Act  ||  Supreme Court: Mediclaim Reimbursement Cannot be Set off Against Accident Compensation  ||  SC: Hindu Succession Act 2005 Amendment Does Not Curtail Daughters’ Existing Inheritance Rights    

New Defence Production Policy- (Press Information Bureau) (06 Aug 2018)

MANU/PIBU/1210/2018

Civil

In the Budget Speech 2018, Government has announced that it will bring out an industry friendly Defence Production Policy 2018 to promote domestic production by public sector, private sector and micro, small and medium enterprises (MSMEs). Consequent to this, a draft Defence Production Policy 2018 has been prepared which provides a focused, structured and significant thrust to development of defence design and production capabilities in the country. The draft policy has been shared with all concerned stakeholders for their views before notification.

The salient features of the Draft Policy which is already placed in public domain for consultation with stakeholders is as follows:

Creation of a dynamic, robust and competitive defence and aerospace industry as an important part of the 'Make in India' initiative.

Creation of a tiered defence industrial ecosystem in the country.

Reducing current dependence on imports and strive to achieve self-reliance in development and manufacture of weapon systems / platforms.

The Policy mandates for Transfer of Technology or enhanced Foreign Direct Investment (FDI) for domestic production in the event of non-availability of manufacturing capabilities in the country.

The policy envisages that Ordnance Factory Board (OFB) should focus on system integration, design and development, and actively engage domestic vendors in the private sector for other assembly work.

Tags : DEFENCE   PRODUCTION POLICY  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved