The need for self-reliance in the defence sector has long been realised and has been given fresh impetus by the Ministry of Defence(MoD)’s' third positive indigenisation list. However long-standing delays in the procurement have been an issue plaguing the Indian armed forces.
The feasibility of complete indigenisation along with the timelines are still questionable, and the stakeholders need to spend time to chalk this out clearly.
The Ministry of Defence is laying stepping stones for 'Atamanirbharta' in defence through the indigenization.
Several bold steps have been taken by the government towards encouraging domestic manufacturing in the defence sector. Such consistent policy thrust has reduced the defence import bill by a third during the period – 2011-15 and 2016-20.
In this webinar organised by Express Defence, industry stakeholders and policymakers will come together to discuss the role of private players in making India self-reliant in defence manufacturing. Experts from the world of defence and aerospace will deliberate opportunities as well as challenges faced by the industry, and outlook of the sector in mid to long term.