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OpinionsNew defence corridors in UP and TN yielding results

New defence corridors in UP and TN yielding results

Date:

Er.Rajesh Pathak

Once upon a time an ex Major General of army struck sensation when he said that   the decade of 1980 saw the two brothers belonging to one of the top families at the helm of the ruling party then were mutually in tough competition as to how they could outmanoeuvre each other and get their respective companies have contract of deals in order to get away with their share of commission. As such  country was not  taken ahead in the direction of being self-reliant in defence sector deliberately .

But now the things have gone transformed. This financial year country saw a record defence production worth as high as 1 Lakh crore. Notably, now goes to be having capability of exporting the products linked to  space and defence sector as well,  the target of which having been set 5 billion dollar by the end of 2025. The defence export of India during  last decade  has increased 23 times touching the figure of 16,000 crore. Overall   85 countries responded in a great way  to brace up their defence system with  Brahamos and Akash missiles; Tejas fighter planes; Radars; Pinaca rocket and launcher. Even  France , Russia and Israel now prefers to purchase  offshore petrol vessels; body armours;  mine-protected vehicles; avionics and such other exclusively from India, more notably.

This boom in the rise of self-reliance in production and subsequent export  is  seen  also  due to 4,666 defence related items have been made  notified to be  not imported from abroad. It is because of this that  the amount of license for the production granted  to industries in the defence sector  has increased as high as 200% . FDI is made more accessible with its  limit being increased up to  74%. Two new defence corridors are recently developed in the states  UP and TN . Innovation for defence excellence (IDEX) scheme is launched  , under which  the start-ups and MSMEs engaged in manufacturing sectors are exhorted to be innovative at the domestic level itself. In  Bangalore  an unit of  helicopter factory belonging to HAL (Hindustan Aeronautics Limited) has recently been inaugurated by Modi.

The deal for building  the 83 Tejas fighter planes under make-in-India  is termed as the biggest one so far with  total amount to be incurred around 48,000 crores. The coming days will see in all 5000  components  more to have gone indigenisation  or Swadeshikaran , says the sources close to defence sectors. These steps  will naturally benefit  24,000  MSMEs  engaged thereof in the country.

 

 

Northlines
Northlines
The Northlines is an independent source on the Web for news, facts and figures relating to Jammu, Kashmir and Ladakh and its neighbourhood.

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