TIDBITS

Defence MII projects account for just one percent of budget

By IndianMandarins- 03 May 2016
501

defence-mii-projects-account-for-just-one-percent-of-budget Indianmandarins has learnt that the total value of the 23 Make In India (MII) projects identified by the Ministry of Defence for domestic players is said to be less than one percent of the entire defence budget. While 40 per cent of the projects are valued at Rs 20 crore or less, only three projects have an annual outlay of Rs 300 crore. Of the 23 projects, 13 have been identified for the Indian Army, six for the Navy and four for the Air Force. These projects are said to have been identified in such a way that all players, be they big, small or medium enterprises, can take part. The Make in India category in the new DPP has been divided into two categories - 'Buy (Indian)', with 40 percent indigenous content, and 'Buy and Make (Indian)' having an overall indigenous content of 50 per cent. The 23 projects fall under both these categories. It's said that some of the items mentioned in the 23 projects have a constant demand, such as 125mm smooth bore gun barrels, 1,000HP engines, supersonic aerial targets, diesel engines, ground rockets and glider bombs.

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