Monday 12 January 2015

Vibrant Gujarat 2015: Gujarat govt announces Defence Manufacturing policy

With a view to encourage domestic manufacturing of defence equipments in the country, Government of Gujarat under the aegis of Vibrant Gujarat Summit today hosted a seminar titled “Gujarat:
Preferred Hub for Defence Production” in Mahatma Mandir.
The seminar was inaugurated by Manohar Parrikar, Defence Minister of India in presence of senior Government officials from the Ministry of Defence and the industry. 
Speaking on the occasion Minister called for the need of self-reliance, greater indigenization and meaningful engagement of the private sector in defence production. 
He emphasized that no nation aspiring to be even a regional power can expect to achieve it without being substantively self-reliant in defence production
He emphasized that the modernization of the Indian defence sector will provide boundless opportunities to the industry.
Speaking on the lines of “Make in India” campaign and to promote and enhance indigenization in the defence sector, Shri Parrikar encouraged the defence companies to setup and expand their industrial base within the country which in turn will help in achieving the goal of indigenization.
Announcing Gujarat’s Defence Manufacturing policy, Saurabhbhai Patel stated that Gujarat, through its Defence Manufacturing Policy, is eyeing to build up its economy by grabbing a share in the Indian defence production. 
He added that the state Government will try and attract investments from defence companies in building warships and submarines, defence vehicles, artillery, and aircraft making, among others.
Currently, the State has attracted investments in the ship building segment with private players like Pipavav Defence & Offshore Ltd. and L&T Shipbuilding having invested in the state.
He informed that the state government is identifying areas in Kutch, Banaskantha, Sabarkantha, Ahmedabad and other coastal districts where the defence facilities can be promoted along with plans of developing a special defence manufacturing zone in the State. It is worth noting that Several defence and aerospace companies have already evinced interest in setting up or expanding their bases in Gujarat. 
The seminar saw eminent speakers from MoD, DPSUs and Private Sector deliberate and share their views on various aspects like opportunities in the Indian defence and aerospace sector, procurement procedures, challenges towardsin digenization, technology transfer, co-development of technology, co-production of defence production, FDI, exports, licensing and gave their recommendations to streamline these processes. 
The seminar also saw deliberations on how Gujarat being an emerging and a potential defence and aerospace manufacturing base in the country.
The seminar was attended by several defence industry leaders and senior Government officials.

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