Defense Research and Development Organisation (DRDO), a Research & Development wing of Ministry, is primarily involved in design & development of strategic, complex and security sensitive systems in the field of armament, missiles, combat vehicles, combat air crafts, radars, etc for the Armed Forces.
Procurement of capital equipment from Indian companies, is carried out under the ambit of Buy (Indian-IDDM), Buy (Indian), Buy & Make (Indian), Make and the Make phase of Buy & Make categories of capital acquisition. Projects are awarded to Defense Public Sector Undertakings (DPSUs), Ordnance Factory Board (OFB) and private players as per the provisions of Defense Procurement Procedure (DPP). During the last two financial years (2014-15 & 2015-16), 85 cases involving Rs. 1,60,362 crore have been accorded Acceptance of Necessity (AON) by Defense Acquisition Council under these categories.
The entry of private companies in defense is not likely to adversely affect the role of DRDO and DPSUs; as role of these segments are complimentary and supplementary in nature. The wider participation of defense industry, including private sector, is beneficial for the overall objective of self-reliance and indigestion in the defense sector. The Government has taken several steps to encourage participation of private sector including foreign investment in the sector.
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