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Indian Defence Ministry to soon announce second negative arms import list

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NEW DELHI, 20 May 2020, (TON): The Indian Ministry of Defence is likely to declare second negative import list within a few weeks to protect and boost indigenisation of defence production including defence weapon systems.
According to Ministry of Defences sources, the second list includes bigger weapon systems such as tanks and aircraft and others, which would be banned for import.

Under the Atmanirbhar Bharat initiative, over one hundred defence items would be banned for import to develop defence industry in India.

Last year, the formulation of a negative list was proposed in the Defence Acquisition Procedure (DAP) 2020.The negative list included sniper rifles, short-range surface-to-air missiles, ultra-light Howitzers.

There are many countries including USA, Israel and France which intend to establish their defence industry in India for a joint venture to export locally made weapons to smaller countries in Asia.

#Indian #Arms #Industry,

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