Ministry of Defence approves fourth positive indigenization list
Tags: Defence National News
The Defence Ministry approved the fourth positive indigenization list, which includes 928 strategically important line replacement units, sub-systems, spares and components.
An Overview of the News
The list aims to promote self-reliance ('self-reliance') in the defence sector and reduce imports by Defence Public Sector Undertakings (DPSUs).
The import substitution value of the approved list is Rs 715 crore.
The Defence Public Sector Undertakings will indigenize these items through various routes including 'Make'category and in-house development through the capabilities of Micro, Small and Medium Enterprises (MSMEs) and private Indian industry.
Ministry of Defence (India):
Formed - 1776
Predecessor Ministry -Department of Defence (1938–47)
Headquarters - Secretariat Building Raisina Hill, New Delhi
Defence Minister - Rajnath Singh
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