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November 29, 2014

40% defence equipment imported


While acknowledging that at least 40 per cent of defence equipment was coming from abroad, the government said in Lok Sabha Friday that it was making efforts to boost the indigenous manufacturing capacity and bring down dependence on foreign supplies.
Defence Minister Manohar Parrikar, who was responding to questions from members including P K Biju (CPI-M), Jayshreeben Patel (BJP), Adhir Ranjan Chowdhury (Congress) and Saugata Roy (Trinamool Congress), maintained that it would not be economically viable to manufacture some items.
Regarding export, he said one had to identify the items and the countries which could be targeted for exports before embarking on any such drive. Besides, the country had to put in place the requisite infrastructure for starting an export of equipment.
The Defence Minister informed the House that the total defence procurement was Rs 93,216.93 crore in 2013-14, of which foreign procurement stood at Rs 38,202.66 crore, making for about 40 per cent.
In 2012-13, indigenous sources accounted for nearly 64 per cent of the total defence procurement. At that time, procurement worth Rs 52,719.38 crore was from indigenous sources while foreign procurement was to the tune of Rs 30,370.80 crore.

 indianexpress

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