Modi government scraps defence purchases worth Rs 20,000 Crore to prepare them in India

modi-defenceThe Modi government on Friday opened defence manufacturing to the private sector and cleared purchases to the tune of Rs. 20,000 Crore, in an attempt to keep his promise he made from the Red Fort on Independence day.
The Centre has scrapped the plan to buy 197 Utility helicopters from foreign vendors. Now, the helicopter will be manufacture in India thus generating business of about Rs 40,000 Crore in the private sector.
The purchase of Multi-Role Helicopters at a cost of Rs. 1800 Crore for the Navy have also been scrapped by the Centre.
Four Russia-built Kilo Class submarines and two German-built HDW submarines (Howaldtswerke-Deutsche Werft) will also be upgraded now in India with a cost of around Rs 4,800 Crore.
The purchase of Integrated Anti- Submarine Defence Suits for 11 frontline warships has been cancelled too by the Modi government and the same will be manufactured in India at a cost of around Rs 1,700 Crore.
Modi had said earlier, “My government has taken important steps in improving indigenous defence technology. We dream about making India strong enough to export defence equipment to the world”, on August 16 while lunching the new indigenously built destroyer INS Kolkata.

Medaram Jathara

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