OUR INSIGHTS

• SPEEDY GROWTH RATE THROUGH DEFENCE PRODUCTION

Our current Defence Import bill is over Rs. 100,000 Cr. per annum and our experts estimate that 50% of the same can be easily indigenized. Year over year our Defence budget is increasing by 11-12% and MOD has been continuously pressing GOI for an increase. The defence budget for the year 2018-19 is over Rs. three lakh crore and a significant amount of this will go into procurement of hardware both from domestic and foreign sources. Private sector industries should grab this opportunity to create Defence vertical and increase their turnover/growth by minimum 10% per annum on year to year basis.

• CREATING LINKAGES FOR R&D SUPPORT

MOD has issued a very large number of policy directives for involving private sector industries to work independently with help from IIT’s and DRDO’s labs etc for R&D work as necessary. The aim is to bring about significant improvement in quality of products outsourced by Ordnance Factories and DPSU’s and also create joint venture with foreign defence companies through transfer of technology and procurement of sophisticated machinery etc.

• IMPORT SUBSTITUTION

Achieving self-reliance in defence manufacturing is one of the key objectives of Department of Defence Production. For this purpose, the focus of the Department has been on reducing dependency on imports and indigenization of the items presently being imported. Towards this, OFB, DPSUs and Service Head Quarters(SHQs) have identified the items which, at present, are being imported and are intended to be indigenized through Indian vendors. GDICS will render services to private sector industries by identifying the items for indigenization with respect to their infrastructure and motivate them to take up development and manufacture of the items by technology up gradation/R&D assistance through DRDO/technical institutes of repute.

• INNOVATION

Achieving self-reliance in defence manufacturing is one of the key objectives of Department of Defence Production. For this purpose, the focus of the Department has been on reducing dependency on imports and indigenization of the items presently being imported. Towards this, OFB, DPSUs and Service Head Quarters(SHQs) have identified the items which, at present, are being imported and are intended to be indigenized through Indian vendors. GDICS will render services to private sector industries by identifying the items for indigenization with respect to their infrastructure and motivate them to take up development and manufacture of the items by technology up gradation/R&D assistance through DRDO/technical institutes of repute.

Growth Drivers (MAKE IN INDIA)

TPCR

The future of Indian Armed Forces

Technology Perspective and Capability Roadmap – 2018 (TPCR- 2018) provides to the industry an overview of equipment that is envisaged to be inducted into the Indian Armed Forces up to the late 2020s. The first edition of the TPCR was published in Apr 2013. This roadmap may guide the industry in planning or initiating technology development, partnerships and production arrangements. Links to Services ‘Make’ Projects are provided for respective Services hosted on MoD website, to maximize industry awareness and to realize the goals of ‘Make in India’ initiative of GoI.