Ministry of Defence
Becoming Self-Reliant in Defence Manufacturing
Posted On:
21 MAR 2017 2:52PM by PIB Delhi
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.
The expenditure on Capital acquisition from foreign vendors and the percentage of such expenditure to the total expenditure on Capital acquisition during each of the last three years is as under:-
|
Year
|
Expenditures
(Rs. in crore)
|
|
2013-14
|
35082.10 (52.47%)
|
|
2014-15
|
24992.36 (38.11%)
|
|
2015-16
|
22422.12 (36.30%)
|
This information was given by Minister of State for Defence Dr. Subhash Bhamre in a written reply to CH. Sukhram Singh Yadav and others in Rajya Sabha today.
NAMPI/ Ranjan
(Release ID: 1485045)
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