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Plan to encourage local players in defence procurement, says scientist


Plan to encourage local players in defence procurement, says scientist
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Updated:
‘₹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. ....

Andhra Pradesh , J Srinivasa Raju , Cdr Ravindranath Reddy , Atmanirbhar Bharat , K Rama Mohan Rao , Samirv Kamat , Ragam Kishore , D Tirupathi Raju , Major Port Authority , Tot Transfer Of Technology , Confederation Of Indian Industry , Ministry Of Defence , Director General Naval Systems , Indian Industry , Defence Acquisition Procedure , Vizag Seaport , Major Port Authority Bill , Mohan Rao , Deputy Chief Executive Officer , Plan To Encourage Local Players In Defence Procurement , Says Scientist , ஆந்திரா பிரதேஷ் , ஜு ஸ்ரீநிவாச ராஜு , சி.டி.ஆர் ரவின்றானத் சிவப்பு , கே ராமா மோகன் ராவ் , ராகம் கிஷோர் ,

VPT signs MoUs worth ₹58,831 crore


VPT signs MoUs worth ₹58,831 crore
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Updated:
The port trust enters into pacts for capacity expansion, dredging and harbour operations
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The port trust enters into pacts for capacity expansion, dredging and harbour operations
The Visakhapatnam Port Trust (VPT) on Friday several memorandum of understanding (MoUs) worth ₹58,831 crore with stakeholders, ahead of the second Maritime India Summit, scheduled to be held in the city from March 2 to 4.
An MoU was signed between the VPT and the HPCL worth ₹28,264 crore for capacity expansion.
The ArcelorMittal Nippon Steel India also entered into a pact worth ₹600 crore with the VPT for enhancing the present capacity of the AMNS pelletisation plant. ....

Andhra Pradesh , Narendra Modi , K Rama Mohan Rao , Visakhapatnam Port Trust , Corporation Of India , Maritime India Summit , Arcelormittal Nippon Steel India , Dredging Corporation , Andhra Pradesh Maritime Board , Prime Minister Narendra Modi , ஆந்திரா பிரதேஷ் , நரேந்திர மோடி , கே ராமா மோகன் ராவ் , விசாகப்பட்டினம் போர்த் நம்பிக்கை , நிறுவனம் ஆஃப் இந்தியா , கடல் இந்தியா உச்சிமாநாடு , அர்ஸலாமிட்டல் நிப்பான் எஃகு இந்தியா , அகழ்வாராய்ச்சி நிறுவனம் , ஆந்திரா பிரதேஷ் கடல் பலகை , ப்ரைம் அமைச்சர் நரேந்திர மோடி ,