Private participation in production of Defence Items
Lok Sabha
Government has issued licenses to various private companies for production of defence items during the last few years. The private companies which have obtained licenses are ; Ramoss India, New Delhi, Larsen & Toubro Ltd, Mumbai, Mahindra & Mahindra Ltd, New Delhi, Max Aerospace & Aviation Ltd, Mumbai, Anjani Technoplast Ltd, Noida, TIL Ltd, Kolkata, Southern Group Industries Pvt Ltd, Chennai, Automotive Coaches and Cantonments Ltd, Chennai, HBL Power Systems Ltd, Hyderabad, Tata Motors Ltd, Mumbai, BF Utilities Ltd, Pune, TSL Defence Technologies Pvt Ltd, New Delhi, Vectra Engg, Materials Pvt Ltd, New Delhi, RMX Bridport Defence Systems Pvt Ltd, New Delhi, IDT Ltd, New Delhi, Alpha - ITL Electro Optics Pvt Ltd, Bangalore, Alpha Phazotron Radar Equipment & Systems Pvt Ltd, Bangalore, VXL Technologies Ltd, Faridabad, Memory Electronics Private Limited, Mumbai, Indtech Constructions Pvt Ltd, New Delhi, Tata Power Company Ltd, Mumbai and Alpha Design Technologies Pvt Ltd, Bangalore.
Under the offset procedure notified as part of Defence Procurement Procedure 2006, offset obligations shall be discharged directly by the foreign vendor by direct purchase of, or executing export orders for, defence products and components manufactured by, or services provided by Indian defence industries.
Substantial benefits are likely to accrue to Indian companies as a result of defence purchases to be made from foreign companies under the offset policy during the 11th Five Year Plan. It is, however, not feasible to estimate the target of work to be allotted to them.
This information was given by the Minister of State for Defence Production Rao Inderjit Singh in a written reply to Shri Tek Lal Mahto in Lok Sabha today
SKS / RAJ
(Release ID :25995)