Supersonic Fighter Trainer HLFT-42 unveiled by HAL | ALH delivered to Mauritius

To achieve self-reliance in defence sector and to provide impetus to design, development and manufacture of defence equipment/platforms in India, the following initiatives/policies have been taken/made by the Government:

A new category of ‘Buy (Global- Manufacture in India)’ has been introduced to enable ab-initio indigenisation of spares. This category encourages Foreign OEMs to set up ‘Manufacturing/maintenance entities’ through its subsidiary in India.
The Government has introduced Make III categories with the objective of self-reliance through import substitution.
Notification of the ‘Positive Indigenisation lists” of weapons/platforms banned for import to be indigenously manufactured.
Reservation of Cases with AoN cost ≤100 Crs, extendable to Cases of AoN cost ≤ 150 Crs if annual cash flow based on deliveries is below Rs. 100 Crs for MSMEs.
Simplification of Industrial licensing process with longer validity period.
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SOURCE► #DefenceDecode
BGM:
Akash Gandhi (Eye of Glory)
Under the Gun - Doug Maxwell, Jimmy Fontanez
Still Standing - Anno Domini Beats
Underpass - Doug Maxwell, Jimmy Fontanez
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