Not happy with India labeled as one of the largest defence importer

lcafanboy

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NOT HAPPY WITH INDIA BEING LABELED ONE OF THE LARGEST IMPORTERS OF DEFENSE EQUIPMENT IN WORLD: ARUN JAITLEY
SATURDAY, MARCH 18, 2017 BYINDIANDEFENSE NEWS

BEL CEO detailing the Remote Controlled Weapons Station to Maj Gen GD Bakshi at Aero India
Union minister Arun Jaitley, who was appointed the Defence minister just days ago after Manohar Parrikar stepped down to become the chief minister of Goa, met Russia’s Minister of Trade and Industry Denis Manturov at Manekshaw Centre on Friday. Manturov is on a two-day visit to India to focus on issues related to the $1-billion Indo-Russian deals including Kamov-226 helicopters, the progress of Project 1135-6 frigates for the Indian Navy and T-90 tanks for the Indian Army, among others. Soon after the meeting, Arun Jaitley said, “India is one of the largest importers of defense equipment in the world, and this definitely is not a label we are happy with.” Addressing a conference on India-Russia Military and Industrial cooperation, Jaitley called for deeper bilateral engagement in defense production. He said that Russia should at least facilitate manufacturing of parts and subsystems, which are needed in large numbers and where the requirement is recurring in nature.
According to FE Bureau, “Besides meeting with the new defense minister Arun Jaitley, three sets of meetings have been planned for the visiting minister. He will meet officials of Indian Army, Navy and the Air Force. The interaction between the Russian side and the Indian armed forces, as well as the industry, is to see how all can work together as a support system.”
On the day, two agreements were signed at the conference between India’s Hindustan Aeronautics Ltd (HAL) and Russia’s United Aircraft Corporation and United Engine Corporation for the long-term supply of spares and technical assistance for Sukhoi Su-30MKI aircraft for five years.
Saying that these moves are part of the larger defense and economic agenda chalked out by Prime Minister Narendra Modi for India, FM Jaitley said, “PM, after forming the government, launched the Make in India initiative; defense production is identified as one of the key areas under this.”
Earlier today, Defence Minister Jaitley while intervening in the Lok Sabha during a debate had said that the Indian armed forces were fully prepared to meet any challenge and asked the Opposition to be very careful about conveying the impression that they were not due to lack of procurement.
http://www.indiandefensenews.in/2017/03/not-happy-with-india-being-labeled-one.html

@sayareakd @Indx TechStyle @Kunal Biswas @all
 

Shashank Sharma

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Poor production run of the State owned Defence PSUs is the elephant in the room no one is talking about. Despite having dozens of armament factories, they can only provide 10% of what the armed forces need! Shame!
 

Kunal Biswas

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On ground their is no limitation of ammunition at least to Infantry let it be rifle ammo or RL`s or mortar, Instead we have to overshoot or send back ammo in almost every firing at range ..

Whatever the ammunition OFB cannot produce in quantity, Should be award to Large corporations ..

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Ordnance Factory Board aims to create self-suffiency in defence production

KOLKATA: Ordnance Factory Board (OFB) has drawn up plans to make India self-sufficient in production of arms and ammunition with the twin objectives of reducing imports and meeting nation's requirements.

"We are creating added capacities in the production of T-90 tanks and Pinaka rockets at the various ordnance factories", S K Chowrasia, member, OFB, said.

Chowrasia, who is slated to assume the office of chairman of the board from December one, told PTI that work was also on to create additional anti-tank ammunition capacity under Project Mango in technical collaboration with Russia.

The OFB had also started production of Bimodular Charge Systems (propellants) at its factory at Nalanda for high-calibre artillery guns, Dhanush and Bofors, with the objective to meet the country's demand, he said.

The country was facing a shortage in the availability of such propellants, he said.

Regarding exports, he said that the board had received an order from the UAE worth Rs 235 crore for the supply of 155 mm shells.


OFB had been exporting to the countries of South Asia, Indonesia, Germany and US and the approximate export turnover was Rs 50 crore.

"While we do export to some extent, the primary objective is to meet the nation's demand", he said on the occasion of Ordance Factory Day.

This fiscal, the board was expected to register an approximate revenue of Rs 15,000 crore as against Rs 13,500 crore in the previous period.

The projected turnover next fiscal had been pegged at Rs 20,000 crore.

OFB had also undertaken designing of Future Infantry Combat Vehicle for the Indian Army in collaboration with the IITs.

http://economictimes.indiatimes.com...com&utm_medium=referral&utm_campaign=ETTWMain

Poor production run of the State owned Defence PSUs is the elephant in the room no one is talking about. Despite having dozens of armament factories, they can only provide 10% of what the armed forces need! Shame!
 

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