Defence Exports by Indian Firms in 2015 up Three-Fold from Last Year

Discussion in 'Defence & Strategic Issues' started by Indx TechStyle, Dec 12, 2015.

  1. Indx TechStyle

    Indx TechStyle Perfaarmance Naarmal Senior Member

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    Defence Exports by Indian Firms in 2015 up Three-Fold from Last Year
    [​IMG]
    Advanced AKASH Air Defence System has great potential for Export to friendly countries
    The value of the defence equipment exported to various countries in last three years and the current year (up to 30.09.2015) by Defence Public Sector Undertakings (DPSUs), Ordnance Factory Board (OFB) and Private Sector Companies (based on the NOCs issued) is as under:-
    [​IMG]
    The Government has taken following initiatives to ease the process of applying for NOC for export of military stores:-
    Online system for receiving applications for NOC
    for export of military stores has been developed. Standard Operating Procedure (SOP) for issue of No Objection Certificates (NOCs) for export of military stores has been simplified and has been put in public domain.
    The list of Military Stores has been notified. The requirement of End User Certificate (EUC) to be signed / stamped by the Government authorities of the importing country has been dispensed with for the export of parts, component, sub-assemblies and sub-systems;
    The provision has been made for issuing advance / in principle clearance for exploring business opportunities abroad.


    A compendium of Defence Research &
    Development Organization (DRDO) developed products having exportbpotential was recently released by DRDO. This will help the industries to explore the potential export market. DRDO laboratories and test facilities of other organizations of the Ministry of Defence (MoD) are made available to the Indian Domestic Defence Industry based on their requirement and availability.
    Export is carried out by the production agency. No proposal for export of Brahmos Missile System has so far been received from Brahmos Aerospace Pvt. Ltd.
    This information was given by Minister of State for Defence Rao Inderjit Singh in a written reply to Shri Kalikesh N Singh Deo and Shri PP Chaudhary in Lok Sabha today.
    Press Information of Bureau
     
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  3. Indx TechStyle

    Indx TechStyle Perfaarmance Naarmal Senior Member

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  4. Indx TechStyle

    Indx TechStyle Perfaarmance Naarmal Senior Member

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