Prime Minister Narendra Modi said on Monday that India is working to become Aatmanirbhar (self-reliant) in the defence sector and for the first time since Independence, the involvement of the private sector in the production of defence hardware is being encouraged.
Speaking at a webinar for effective implementation of Union Budget provisions in the defence sector, the Prime Minister said a part of the money has also been reserved for domestic procurement in the defence capital budget.
Modi said the Centre has made a list of 100 items for import embargo so as to enhance India's manufacturing capabilities. "I assure the industry that we will do away with the strategy to import defence goods which can be designed and manufactured in India. I regard the defence import restriction list as actually a positive one and it will boost indigenization drive through private companies," Modi said.
"We've to build an image as a leading defence exporter globally and strengthen the image as well."
"India had age-old experience in making arms, military equipment but after Independence, this capability was not strengthened. India is now committed to enhancing capabilities, capacities at a fast pace. With the establishment of the chief of defence staff post, bringing uniformity in the procurement process, induction of equipment has become easy," Modi said.