Government has finalized the policy on Strategic Partnerships in the Defence Sector.The same has been promulgated on 31.05.2017 as Chapter VII of Defence Procurement Procedure (DPP) 2016 as “Revitalising Defence Industrial Ecosystem through Strategic Partnerships”.The Chapter has been uploaded on Ministry of Defence website: https://www.mod.nic.in.
The Policy is intended to encourage broader participation of the private sector, in addition to DPSUs / OFB, in the manufacture of defence platforms and equipment.The following four segments have been identified for acquisition under Strategic Partnership route:
The Policy will serve to enhance competition, increase efficiencies, facilitate ....
