The Ministry of Defence (MoD) finalised 44 deals worth Rs. 39,955.36 crores in in FY16. They comprised the purchase of helicopters, radar, rockets and simulators, according to Defence Minister Manohar Parrikar. In a written reply tabled in Rajya Sabha, he said a Memorandum of Understanding (MoU) to buy 36 multirole combat jets from the French was also signed in January 2016.
He said these purchases were carried on based on the current Defence Procurement Procedure (DPP-2013) which gives priority to indigenous design, development and manufacture of defence equipment by according higher preference to Indian vendors in procurement of defence equipment.
“The new DPP which will come into effect shortly will further promote indigenisation and self-reliance in defence through the public and private sector,” he said. He added that the new DPP is “under finalisation” and it will also contain measures to ensure probity, accountability and transparency in defence procurements.