Original source: http://www.india-defence.com/reports-4631
Excerpts:
Excerpts:
"Government will endeavor to build a robust indigenous defence industrial base by pro-actively encouraging larger involvement of the Indian private sector in design, development and manufacture of defence equipment. (It will) progressively identify and address any issue which impacts or has the potential of impacting the competitiveness of Indian defence industry in comparison to foreign companies."
"Government has decided that preference will be given to indigenous design, development and manufacture of defence equipment. Therefore, wherever the required arms, ammunition and equipment are possible to be made by the Indian industry within the required time frame, the procurement will be made from indigenous sources."