Government is pursuing initiatives to achieve higher levels of indigenisation and self-reliance in the defence sector by harnessing the capabilities of the public and private sector industries in the country.  These measures include according priority and preference to procurement from Indian vendors and liberalization of the licensing regime.
During the last three financial years, 94 contracts involving Rs. 82,979.70 crore have been signed with Indian vendors for capital procurement of defence equipment.

During the same period, 56 contracts involving Rs. 53, 684.32 Crore have been signed with foreign vendors for capital procurement of defence equipment.

This information was given by Minister of State for Defence Dr. Subhash Bhamre in a written reply toShrimatiP.K. Sreemathiteacherin Lok Sabha today.

NAMPI/Rajib

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