PM MODI Aatmanirbhar bharat: India’s self-sufficient in defense sector is important for the entire Indian Ocean region. Work on another such list has also started after the decision to ban the import of 101 defense equipment for self-sufficiency in the defense sector has been made indigenously. The next list banning imports may include more advanced defense equipment. Indicating this, Prime Minister Narendra Modi also expressed its national and global influence.
India’s position as a net security provider will be stronger
He said that this will increase India’s power, increase industry and employment in the country. While strengthening India’s position as a net security provider in the entire Indian Ocean region. And establishing India as a provider of defense equipment to neighbouring countries. The Prime Minister’s statement is significant in view of China’s growing role in the South China Sea. Addressing the first webinar like ‘Self-reliant India Defense Industry Outreach’ organized to create dialogue between industry and government. The Prime Minister also targeted the previous Congress governments.
Prime Minister targeted the Congress era too
He said that when India became independent, the country had an eco-system of defense production. And established for more than a hundred years. Countries that started after us went ahead but India became the importer. The ordnance factory run as a government department for decades. But now the change has started. Keep in mind that during Rafael, the Congress accused of making the issue of non-contract to HAL.
Restrictions on imports to encourage industries
Prime Minister Modi recently spoke about the ban on the import of 101 devices. And said that it would become more comprehensive. New items will be added to it. But this is not just to stop imports. This is to encourage industries. Private industries, startups, MSMEs can participate. This will become a major field of employment. The government is creating an environment in which it will be beneficial for everyone. In the defense sector, 74 percent FDI has been allowed through automatic route. He assured that along with this the process of procurement, quality and testing is also being simplified and planned. Improvement in licensing process, improvement in offset process, simplification of export policy is underway.