{"id":20761,"date":"2024-10-06T19:19:51","date_gmt":"2024-10-06T13:49:51","guid":{"rendered":"https:\/\/matribhumisamachar.com\/en\/?p=20761"},"modified":"2024-10-06T19:19:51","modified_gmt":"2024-10-06T13:49:51","slug":"indias-defence-sector-paving-the-way-for-global-manufacturing-excellence-raksha-mantri-rajnath-singh","status":"publish","type":"post","link":"https:\/\/matribhumisamachar.com\/en\/2024\/10\/06\/indias-defence-sector-paving-the-way-for-global-manufacturing-excellence-raksha-mantri-rajnath-singh\/","title":{"rendered":"India&#8217;s Defence Sector: Paving the Way for Global Manufacturing Excellence : Raksha Mantri Rajnath Singh"},"content":{"rendered":"<p style=\"text-align: justify;\">Raksha Mantri Shri Rajnath Singh\u00a0has reaffirmed the Government\u2019s commitment to empower India&#8217;s defence industry by working hand-in-hand with them, and realise Prime Minister Shri Narendra Modi\u2019s vision of making the country a\u00a0global manufacturing\u00a0hub. Addressing the seventh annual session of\u00a0Society of Indian Defence Manufacturers (SIDM) in New Delhi on\u00a0October 04,\u00a02024,\u00a0Raksha Mantri described the\u00a0ongoing Russia-Ukraine conflict as a reminder to build a strong defence industrial base, which can be\u00a0bolstered and expanded with time.<\/p>\n<p style=\"text-align: justify;\">Shri Rajnath Singh asserted that the Government, in its third consecutive term, will provide a renewed thrust to its ongoing efforts towards developing a robust, innovative and self-reliant defence ecosystem. He enumerated the steps taken to attain \u2018Aatmanirbharta\u2019 in defence,\u00a0including creation of defence industrial corridors in Uttar Pradesh &amp; Tamil Nadu, issuance of positive indigenisation lists (PILs), corporatisation of Ordnance Factory Board, handholding of\u00a0private industries by DRDO, and unveiling of\u00a0Defence Acquisition Procedure 2020.<\/p>\n<p style=\"text-align: justify;\">On the 10 PILs notified with over 5,500 items, Raksha Mantri stated that the idea is to equip the Armed Forces with\u00a0platforms\/equipment\u00a0manufactured\u00a0on Indian soil. Terming the lists as dynamic &amp; not static, he exhorted the industry\u00a0to achieve complete self-reliance for these items within the stipulated time, and keep shortening the list. He also urged them\u00a0to assess and identify products that can be added to the PILs in view of the rapid changes being witnessed in the field of defence across the globe.<\/p>\n<p style=\"text-align: justify;\">Shri Rajnath Singh emphasised that due to the Government\u2019s efforts, an environment conducive to ease of doing business in the country has been created, and a target set for making India&#8217;s defence industry export-oriented. While he lauded the major\u00a0contribution of the\u00a0private sector\u00a0in taking the defence exports to a record high of over Rs 21,000 crore in Financial Year (FY) 2023-24, he called upon the industry to\u00a0keep in mind the export and import figures, and strive to reduce the ratio between the two with a target-oriented approach.<\/p>\n<p style=\"text-align: justify;\">Raksha Mantri expressed happiness over the\u00a0fact that the annual defence production touched a record high of Rs 1.27 lakh crore in FY 2023-24. While\u00a0the share of DPSUs was Rs one lakh crore, private companies contributed with about Rs 27,000 crore.\u00a0He stated that there\u00a0is a huge scope for increasing the share of private industries, and the\u00a0next target should be to bring their participation to at least half of the total defence production. He promised full support of the Government in achieving this target.<\/p>\n<p style=\"text-align: justify;\">Highlighting the Government\u2019s focus\u00a0to encourage foreign companies and Original Equipment Manufacturers (OEMs) to invest in India or open joint ventures with the private industry,\u00a0Shri Rajnath Singh\u00a0called upon\u00a0SIDM to prepare a roadmap for collaboration on a firm-to-firm basis.\u00a0He was of the view that the Indian industry has the potential of bringing niche technologies or\u00a0processes to India.<\/p>\n<p style=\"text-align: justify;\">Recognising the potential of small &amp; medium enterprises (SMEs) and start-ups in the defence sector, Raksha Mantri acknowledged the challenges they face in achieving ease of doing business. He urged SIDM to work closely with the government to address ground-level issues &amp;\u00a0help these enterprises to play a larger role in defence manufacturing. \u201cIt is important to ensure that our policies translate into ease of doing business at the ground level. SIDM can help in identifying the practical challenges faced by start-ups and SMEs\u00a0so that we can address them,\u201d he said.<\/p>\n<p style=\"text-align: justify;\">Shri Rajnath Singh\u00a0urged the industry to invest more in cutting-edge technologies, such as artificial intelligence (AI), cyber defence, &amp; autonomous systems. \u201cIndia\u2019s defence industry must keep pace with global trends and focus on high-end technology. There is a need to increase investments in areas like AI &amp; autonomous systems, which will define the future of warfare. The government is ready to provide all necessary support,\u201d he said.<\/p>\n<p style=\"text-align: justify;\">During the session,\u00a0Raksha Mantri\u00a0also presented the SIDM Champion Awards, which recognise outstanding achievements in defence manufacturing. He termed the awards as a reflection to the dedication\u00a0&amp;\u00a0excellence of Indian manufacturers, which\u00a0will serve as a benchmark for best practices in the sector.<\/p>\n<p style=\"text-align: justify;\">Chief of Defence Staff General Anil Chauhan, Secretary (Defence Production) Shri Sanjeev Kumar, SIDM President Shri\u00a0Rajinder Singh Bhatia and captains of the industry were among those present on the occasion.\u00a0The theme of the session was\u00a0<em>\u2018<\/em><em>Empowering Indian Defence Industry: Catalysing Exports and Indigenous Innovation<\/em><em>\u2019<\/em>. It served as a forum for stakeholders to discuss India&#8217;s growing role as a global defence exporter and\u00a0innovation hub.<\/p>\n<p style=\"text-align: justify;\"><img decoding=\"async\" src=\"https:\/\/static.pib.gov.in\/WriteReadData\/userfiles\/image\/PIC59007.JPG\" alt=\"\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Raksha Mantri Shri Rajnath Singh\u00a0has reaffirmed the Government\u2019s commitment to empower India&#8217;s defence industry by working hand-in-hand with them, and realise Prime Minister Shri Narendra Modi\u2019s vision of making the country a\u00a0global manufacturing\u00a0hub. Addressing the seventh annual session of\u00a0Society of Indian Defence Manufacturers (SIDM) in New Delhi on\u00a0October 04,\u00a02024,\u00a0Raksha Mantri described the\u00a0ongoing Russia-Ukraine conflict as &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[136],"tags":[16806,16804,16803,16801,16800,4637,16805,16802,16807],"class_list":["post-20761","post","type-post","status-publish","format-standard","","category-national","tag-defense-exports","tag-defense-sector-development","tag-export-oriented-growth","tag-global-manufacturing-hub","tag-india-defence-industry","tag-indian-government-initiatives","tag-military-manufacturing","tag-sidm-annual-session","tag-strategic-partnerships"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>India&#039;s Defence Sector: Paving the Way for Global Manufacturing Excellence : Raksha Mantri Rajnath Singh - 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