Saturday, November 21, 2009

Indian Defence Industry Development

India has ever been keen to attain self-sufficiency and self-reliance in the Defence and Aerospace Sector. Somehow this Objective has remained 'illusive', to say the least, in high-tech and state-of-the-art domains. New Policy of the MOD, India, on Defence Procurement with Offset Policy embedded in it and its regular updating, presents a streak of hope towards attaining the Objective of self-sufficiency and self-reliance, along with ongoing efforts of the DRDO. There are many 'ifs-n-buts' in the Defence Professional Community, and advocacy issues. We need to show far deeper insight into our Defence needs as an Indian Nation.

Under the subject heading 'Indian Defence Industry Development' on our Blog(s), we wish to record important media reports plus our own assessment to help policy makers arrive at 'win-win' decisions without fear or favour. India's Defence should be the concern of all Indians without any 'inclinations'. Our Armed Forces should always get the 'best'. It is they who pay with their lives for any 'compromises' -- their concern always.

The following important developments are reported:

1. High-Tech Companies May Need Govt. Support

2. Fighter Jet Deal Trials Likely to End July

3. US Wants India to Raise FDI Cap in Defence

4. IAF Wants Govt to Allow More FDI in Defence

We need to take decisions on the India's Defence Matters forgetting our 'personal gains', whatsoever.

Brigadier(Retired) Sukhwindar Singh
http://www.svipja.com/
(A Global Solution for Offsets)
Credit: USIBC News and Connected Agencies.

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