Never miss a story

Get subscribed to our newsletter


×
‘AGNI-III’ missile, passes through the Rajpath during the 59th Republic Day Parade-2008, in New Delhi on January 26, 2008.



By NewsGram Staff Writer

Underlining its determination to have indigenous defence production as a cornerstone of its ‘Make in India’ drive, the Narendra Modi government has awarded a record 56 defence manufacturing permits to private sector entities in the past year.

According to the data released by the Department of Industrial Policy and Promotion (DIPP), a slew of applications, some of which had been pending for more than four years, have been cleared since the BJP government came to power.

The permits are the first step in the process to enable firms such as Mahindra, Tata and Pipavav to set up production units for major military equipment.

The Tatas will now be able to upgrade major fighting units like the T 90 and T 72 tanks of the Indian Army while Mahindra has been given permits in a number of areas, including manufacturing naval systems like torpedoes, sea mines and boats.

Subsidiary companies like Mahindra Telephonics Integrated Systems and Tech Mahindra Ltd too have got defence permits.

The move stands as a major endorsement of the Indian private sector’s ability to operate in an arena that has until now been the preserve of foreign vendors and state-run entities.

Besides the established players, a number of new small firms are poised to enter the sector based on these clearances.

For example, Bullet Proof equipment manufacturer MKU will now be able to manufacture night vision devices while Bangalore-based Dynamatic Technologies has been granted a permit to manufacture Unmanned Aerial Vehicles.

Pipavav Defence and Offshore Engineering Company (PDOC), now being acquired by the Anil Ambani-run Reliance, has grabbed four permits to manufacture items ranging from medium tanks and howitzers to missiles, sensors and torpedoes.

In order to open up the defense sector, the government has started expediting clearances besides increasing the foreign investment limit for the defence sector to 49% and even up to 100% in select cases.

The process for application online and the validity of the Industrial license has been enhanced to seven years and speedy DIPP clearances are already being given for smaller items like components.

Complex matters such as the offset policy, blacklisting process as well as a specific route for the Make in India process are expected to be simplified through a new defence procurement policy, likely to be announced in the coming few weeks.


Popular

VOA

This image released by Disney Theatrical Productions shows, from second left, Michael James Scott as Genie, Michael Maliakel as Aladdin, and Shoba Narayan as Jasmine after a performance of the Broadway musical "Aladdin" in New York on Sept. 28, 2021

As kids growing up in different states, Shoba Narayan and Michael Maliakel shared a love of one favorite film — "Aladdin." Both are of Indian descent, and in the animated movie, they saw people who looked like them.

That shared love has gone full-circle this month as Narayan and Maliakel lead the Broadway company of the musical "Aladdin" out of the pandemic, playing Princess Jasmine and the hero from the title, respectively.

Keep Reading Show less
VOA

Bottles of Jack Daniel's whiskeys are displayed at Rossi's Deli in San Francisco

Jack Daniel's is the world's most popular whiskey brand, but until recently, few people knew the liquor was created by Nathan "Nearest" Green, an enslaved Black man who mentored Daniel.

"We've always known," says Debbie Staples, a great-great-granddaughter of Green's who heard the story from her grandmother. … "He made the whiskey, and he taught Jack Daniel. And people didn't believe it … it's hurtful. I don't know if it was because he was a Black man."

Keep Reading Show less
Photo by Aksh yadav on Unsplash

Cricket fans can now book the ultimate experience with the official accommodation booking partner for the ICC Men's T20 World Cup

Cricket fans can now book the ultimate experience with the official accommodation booking partner for the ICC Men's T20 World Cup, Booking.com. The T20 Pavillion, a bespoke cricket-themed luxury stay that transforms the Presidential Suite at Grand Hyatt Mumbai Hotel and Residences into a classic cricket stadium.


The suite offers guests an all-inclusive once-in-a-lifetime experience during the India vs Pakistan ICC Men's T20 World Cup match on October 24, 2021, packed with quirks and luxuries that is sure to satisfy even the biggest cricket enthusiast. Additionally, as a part of the experience, guests will also have the exclusive opportunity to meet Bollywood actor Shraddha Kapoor at The T20 Pavilion.

Keep reading... Show less