Plan to encourage local players in defence procurement, says scientist
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‘₹70,000 crore was earmarked in the Budget for acquisition from indigenous sources’
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‘₹70,000 crore was earmarked in the Budget for acquisition from indigenous sources’
The defence sector, especially research organisations such as DRDO, is opening up and it is being done in tune with the concept of Atmanirbhar Bharat said Director General Naval Systems and Materials, DRDO, Samir V. Kamat.
The distinguished scientist was here to deliver a talk on ‘Ease of doing business: Atmanirbhar Bharat’, organised by the Confederation of Indian Industry (CII) here on Friday.
He pointed out that as part of the opening up of the sector to the private players, the Defence Acquisition Procedure -2020 was drafted to simplify the hitherto cumbersome trial procedure and bring down the time taken in decision making.