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.
The ministry on Sunday said the aim of the move is in sync with the government’s overall aim to promote ‘Aatmanirbharta’ (self-reliance) in defence production. It is the fourth such “positive indigenisation list (PIL)” comprising line replacement units, sub-systems and components used for various military platforms, equipment and weapons.
“To promote ‘Aatmanirbharta’ in defence and minimise imports by defence public sector undertakings, the Ministry of Defence has approved the fourth Positive Indigenisation List (PIL) of 928 strategically-important line replacement units/sub-systems/spares and components, including high-end materials and spares, with import substitution value worth Rs 715 crore,” the ministry said in a statement.
The defence ministry has set specific timelines for the import ban of the items, spanning the period from December 2023 to December 2028. This list is in continuation to the three similar PILs that were brought out in December 2021, March 2022 and August 2022.
“These lists contain 2,500 items which are already indigenised and 1,238 (351+107+780) items which will be indigenised within the given timelines,” the ministry said. Of 1,238, 310 items have been indigenised so far, it said.
The items which were already indigenised comprised 262 from the first PIL, 11 from the second list and 37 from the third PIL, according to the ministry.
(Source – PTI)
After a major sell-off earlier in the week, Adani Group stocks, led by Ambuja Cements…
A sharp rally in financial stocks and encouraging US labor market data fueled the uptrend.…
PM Narendra Modi held 31 bilateral meetings and discussions during his visit to Nigeria, Brazil,…
These words were added during the 42nd Amendment in 1976, under the tenure of Prime…
During the hearing, the Supreme Court clarified that the six MLAs removed as Chief Parliamentary…
Bumrah’s 4-17, backed by Mohammed Siraj and debutant Harshit Rana, helped India seize the momentum…