New Delhi, May 14: Defence Minister Rajnath Singh on Sunday approved fourth Positive Indigenisation List (PIL) of 928 strategically-important Line Replacement Units (LRUs), Sub-systems, Spares and Components.
New Delhi, May 14: Ministry of Defence on Sunday approved the 4th Positive Indigenisation List of 928 strategically-important Line Replacement Units/Sub-systems/Spares and Components with import substitution value worth Rs 715 crore to promote self-reliance and indigenisation in the defence sector.
The defence ministry has approved a fresh list of 928 components and subsystems which will only be procured from domestic industry after a ban on their import kicks in under a staggered timeline of around five-and-a-half years.