India puts brakes on import of 101 defence items, Rajnath says step to boost self-reliance
Defence Minister Rajnath Singh has announced the embargo on 101 defence related items, in what comes as a major boost to the Atmanirbhar Abhiyan. Rajnath has announced that this is a big step towards self-reliance in defence industry and will give India a big chance to have a bigger defence manufacturing setup
Defence Minister Rajnath Singh has announced the embargo on 101 defence related items, in what comes as a major boost to the Atmanirbhar Abhiyan. Rajnath has announced that this is a big step towards self-reliance in defence industry and will give India a big chance to have a bigger defence manufacturing setup.
Raksha Mantri Shri @rajnathsingh will make an important announcement at 10.00 am today.
— रक्षा मंत्री कार्यालय/ RMO India (@DefenceMinIndia) August 9, 2020 10:12 am : Almost 260 schemes of such items were contracted by the Tri-Services at an approximate cost of Rs 3.5 lakh crore between April 2015 and August 2020. It is estimated that contracts worth almost Rs 4 lakh crore will be placed upon the domestic industry within the next 6 to 7 years: Rajnath Singh 10:11 am : The list is prepared by MoD after several rounds of consultations with all stakeholders, including the Armed Forces, public & private industry to assess current and future capabilities of the Indian industry…