New policy will help SMEs join defence projects: CII


New Delhi, March 28 (IANS): A leading industry body on Monday said that the revised defence procurement procedure (DPP 2016) will enable small and medium enterprises (SMEs) to participate in the defence manufacturing.

According to the Confederation of Indian Industries (CII), the DPP 2016 has not only addressed the concerns of the defence OEMs (original equipment manufacturers), but also enabled the participation of the SMEs in defence projects.

"By introducing and according the highest priority to indigenously designed, developed and manufactured procurement, DPP 2016 would definitely spur more design development activities within the country," said Chandrajit Banerjee, director general of CII.

Banerjee elaborated that the DPP 2016 will contribute towards the much higher indigenous content and creation of a vibrant domestic defence industrial base.

The move is said to further give an impetus to the government's 'Make in India' programme in defence manufacturing.

  

Top Stories


Leave a Comment

Title: New policy will help SMEs join defence projects: CII



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.