Draft Defence
Production and Export Promotion Policy 2020 Released, Aims to Hit 1.75 lakh crs of Export
[MoD Press Release/03.08.2020]
In order to provide impetus to
self-reliance in defence manufacturing, multiple
announcements were made under ‘Atmanirbhar
Bharat Package’. In implementing such framework and to position India amongst
the leading countries of the world in defence and
aerospace sectors, Ministry of Defence (MoD) has formulated a draft Defence
Production and Export Promotion Policy 2020 (DPEPP 2020). The DPEPP 2020 is
envisaged as overarching guiding document of MoD to
provide a focused, structured and significant thrust to defence
production capabilities of the country for self-reliance and exports.
The policy has laid out following goals and objectives:
1.
To achieve a turnover
of Rs 1,75,000 Crores (US$
25Bn) including export of Rs 35,000 Crore (US$ 5
Billion) in Aerospace and Defence goods and services
by 2025.
2.
To develop a dynamic,
robust and competitive Defence industry, including Aerospace
and Naval Shipbuilding industry to cater to the needs of Armed forces with
quality products.
3.
To reduce dependence
on imports and take forward "Make in India" initiatives through
domestic design and development.
4.
To promote export of defence products and become part of the global defence value chains.
5.
To create an
environment that encourages R&D, rewards innovation, creates Indian IP
ownership and promotes a robust and self-reliant defence
industry.
The Policy brings out multiple strategies under the following
focus areas:
1.
Procurement Reforms
2.
Indigenization &
Support to MSMEs/Startups
3.
Optimize Resource
Allocation
4.
Investment Promotion,
FDI & Ease of Doing Business
5.
Innovation and R&D
6.
DPSUs and OFB
7.
Quality Assurance
& Testing Infrastructure
8.
Export Promotion
The draft DPEPP 2020 can be accessed at https://ddpmod.gov.in/dpepp and https://www.makeinindiadefence.gov.in/admin/webroot/writereaddata/upload/recentactivity/Draft_DPEPP_03.08.2020.pdf for public consultation and seeking inputs/comments from the
stakeholders. Based on the comments received, the policy would be promulgated
by the MoD.
Inputs/comments on the draft DPEPP 2020 is
solicited latest by August 17, 2020 to the email id dirpnc-ddp@nic.in.