Government has finalized the policy on Strategic Partnerships in the Defence Sector. It has been promulgated on May 31, 2017 in the Defence Procurement Procedure (DPP) 2016 as “Revitalising Defence Industrial Ecosystem through Strategic Partnerships”.
The Policy is intended to encourage broader participation of the private sector 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 faster and more significant absorption of technology, create an efficient industrial ecosystem, ensure development of a wider ....
