Tuesday, October 27, 2009

Indian firms to get boost in new defence procurement policy

New Delhi, Oct 27 (IANS) Under the revised defence procurement policy (DPP) 2009, request for proposal (RFP), which was earlier issued only to foreign companies, would now also be issued to Indian firms having requisite financial and technical capabilities, the government said here Tuesday.
According to Defence Minister A.K. Antony, the move is primarily aimed at encouraging proactive participation by the Indian companies, which could establish joint ventures and production arrangements with any foreign manufacturer.

“The current review in the procurement policy aims at promoting and facilitating Indian industry and transparency and integrity in defence acquisitions. We have reviewed it and are ready to promulgate DPP-2009 with effect from Nov 1,” Antony said at a seminar on defence acquisition here.

He said to ensure transparency and enhanced awareness in the indigenous industry, the government would prepare a public document of the 15-year long-term acquisition plans of the armed forces.

“This would help Indian industry to work out the technological

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