Economy

Procurement policy will be launched online during Defence expo: Parrikar

PTI Panaji | Updated on January 20, 2018 Published on March 27, 2016

The Web site of Defence Expo, monitored by the Defence Ministry, has listed 1,054 companies who will be setting up their stalls for the exhibition to be held at Naqueri-Betul village in South Goa.

Defence Minister sees huge international response to the four-day event

India’s defence procurement policy (DPP) will be launched online during the Defence Expo India-2016, to be held in Goa from tomorrow, Defence Minister Manohar Parrikar said.

“We will be launching the Defence Procurement Policy online during the Defexpo. It will be put on Ministry’s Web site,” Parrikar told PTI ahead of the inauguration of the four-day mega event. Parrikar said the current edition of the expo is one of the most important events in the field of production, exports and Indianisation of the sector.

He, however, clarified that ‘Make in India’ in the defence sector and Defexpo are two different things.

“The basic concept of the Defence Expo is a commercial exchange between various companies which will happen here,” Parrikar said.

“Defexpo India is clearly steering the path of steady growth and has been receiving overwhelming and unprecedented international response with each edition,” the Ministry’s Web site on the mega event said. The exhibition will have live demonstration of air display on March 28-29.

US participation

America’s participation in the Defence Expo will be a boost to the ‘Make in India’ campaign as several companies from that country are interested in setting up a base here, the US Consul General in Mumbai Thomas L Vajda said on Sunday.

“America has tremendous interest in cooperating with India,” he said ahead of the Defexpo.

“We want to work in India under the Make in India initiative. Various private sector companies in America are eager to work here,” Vajda said.

“It is almost unprecedented the way the US was working with India to support its (India’s) aspiration of being a regional and global leader,” he said.

More collaboration

Stating that the US is the biggest participant in the Defexpo, the Consul added that the collaboration between the two countries goes beyond “just buying and selling (defence equipment).”

Ann Cataldo, Deputy Assistant Secretary of the American Army for defence exports and cooperation, said she was looking at having a dialogue with her Indian counterparts.

“I have come here to talk to my Indian counterparts and find more next generation projects,” she said, adding the visit is also to find the “gaps” between America and India in defence sector.

Published on March 27, 2016
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