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Exclusive: IDDM inclusion in the new DPP a game changer for Indian Industry, JD Patil, Sr. VP and Head Defence & Aerospace, L&T

Exclusive: IDDM inclusion in the new DPP a game changer for Indian Industry, JD Patil, Sr. VP and Head Defence & Aerospace, L&T

In an Exclusive Interview to DefenceAviationPost.com, J D Patil, Senior Vice President and Head Defence & Aerospace, Member of the Board L&T Heavy Engineering

EXCLUSIVE: Govt to treat incidents of terror as war: Parrikar

EXCLUSIVE: Govt to treat incidents of terror as war: Parrikar

Big change: Sending a clear message to India’s enemies, defence minister Manohar Parrikar has said

New DPP’s Big Push: “Private Indian Defence Manufacturers to get access to domestic testing facilities for a Fee,” Parrikar

New DPP’s Big Push: “Private Indian Defence Manufacturers to get access to domestic testing facilities for a Fee,” Parrikar

Indian defence manufacturers will have easy access to testing facilities

New DPP Policy 2016 Unveiled at DefExpo in Goa

New DPP Policy 2016 Unveiled at DefExpo in Goa

The new DPP-2016 aims at faster pace in procurement especially through newly introduced categories under Indigenously Designed, Developed and Manufactured (IDDM) provisions. The new DPP policy has also refined the ‘Make’ procedure to ensure increased participation of the Indian industry. It has split the existing ‘Make’ category of projects into Make I and Make II. Under the Make I category, it will be the government that will finance majority (upto 90%) of the cost of production of defence equipments while under Make-II, the majority of the funding will be by the industry. Acknowledging the contributions of the Small and Medium Scale Industries in Defence Sector, quoting that many innovative ideas have come from these sectors, the defence minister Manohar Parrikar said the policy aims at enhancing the role of MSMEs in defence sector. This, he said, is one of the defining features of DPP. While releasing the policy, Parrikar said his ministry is proactively working in promoting the PM Narendra Modi’s Make in India. Parrikar said the DPP-2016 will provide a push to the ‘Make in India’ campaign. He said the Government has been proactive in its ‘Make in India’ initiative and desires to also include ‘Startup India’ which will find opportunities in Defence sector.

Best wishes message from R R Deshpande, Joint Managing Director, Kirloskar Oil Engines Ltd (KOEL)

Best wishes message from R R Deshpande, Joint Managing Director, Kirloskar Oil Engines Ltd (KOEL)