India imported defence tools of Rs 1.93 lakh crore in 5 years
4 min readBy Express News Service
NEW DELHI: India continues to import a significant share of the arms and tools from different international locations and these quantities to a complete of greater than Rs 1.93 lakh crore, the Defence Ministry stated on Friday.
As per the Ministry of Defence (MoD) over the last 5 monetary years (2017-18 to 2021-2022) and present monetary yr 2022-23 (upto December, 2022), a complete of 264 capital acquisition contracts have been signed for procurement of defence tools. “Out of the 264 contracts, 88 contracts accounting for 36.26% of complete contract worth have been signed with distributors from international international locations resembling USA, Russia, France, Israel, Spain and so forth,” stated MoS Defence Ajay Bhatt.
The main Defence tools imported consists of Helicopters, Aircraft Radars, Rockets, Guns, Assault Rifles, Missiles and Ammunitions.
Meanwhile, Defence Acquisition Procedure (DAP 2020) with a concentrate on “Atmanirbhar Bharat” and “Make in India” launched main coverage initiatives for enhancing indigenous defence functionality and discount of reliance on imports.
As per the DAP-2020, “The highest choice to Buy Indian (IDDM) class of acquisition and Buy Global is barely permitted in distinctive conditions with particular approval of Defence Acquisition Council (DAC) / Defence Minister.
In addition, the federal government is taking initiatives to advertise the indigenous manufacturing of defence tools. On the one aspect, it’s helping the indigenous business with funds underneath the Technology Development Fund (TDF) and can be pushing the Defence Research and Development Organisation (DRDO) with Mission Mode (MM) initiatives.
Defence Minister Rajnath Singh knowledgeable the Parliament {that a} complete of 54 industries have been supported underneath the TDF scheme to date. A complete No. of 04 applied sciences has been efficiently developed underneath TDF Scheme. Further, “A total of 340 applications as Expression of Interest (EoI) have been received under TDF Scheme & 372 applications as Expression of Interest (EOI) have been received for Dare to Dream under TDF Scheme so far.”
The Government has labored out the Mission Mode (MM) initiatives of the Defence Research and Development Organisation (DRDO). Ajay Bhatt stated, “As of date DRDO is working on 55 MM Projects for a total sanctioned cost of Rs. 73942.82 Crore”. The initiatives are within the space of Decoys, Nuclear Defence Technologies, Air Independent Propulsion (AIP), Propulsion Systems, Torpedo, Fighter Aircraft, Cruise Missile, Unmanned Aerial Vehicle, AEW&C Aircraft Systems, Gas Turbine Engine, and Warhead amongst many others.
Details of capital expenditure incurred on international procurement for Defence Equipment by the Defence Services for the final 5 years are as underneath: –
Financial Year Foreign Procurement (Rs. in crore)
2017-18 30,677.29
2018-19 38,115.60
2019-20 40,330.02
2020-21 43,916.37
2021-22 40,839.53
TOTAL 193,878.81
NEW DELHI: India continues to import a significant share of the arms and tools from different international locations and these quantities to a complete of greater than Rs 1.93 lakh crore, the Defence Ministry stated on Friday.
As per the Ministry of Defence (MoD) over the last 5 monetary years (2017-18 to 2021-2022) and present monetary yr 2022-23 (upto December, 2022), a complete of 264 capital acquisition contracts have been signed for procurement of defence tools. “Out of the 264 contracts, 88 contracts accounting for 36.26% of complete contract worth have been signed with distributors from international international locations resembling USA, Russia, France, Israel, Spain and so forth,” stated MoS Defence Ajay Bhatt.
The main Defence tools imported consists of Helicopters, Aircraft Radars, Rockets, Guns, Assault Rifles, Missiles and Ammunitions.
Meanwhile, Defence Acquisition Procedure (DAP 2020) with a concentrate on “Atmanirbhar Bharat” and “Make in India” launched main coverage initiatives for enhancing indigenous defence functionality and discount of reliance on imports.
As per the DAP-2020, “The highest choice to Buy Indian (IDDM) class of acquisition and Buy Global is barely permitted in distinctive conditions with particular approval of Defence Acquisition Council (DAC) / Defence Minister.
In addition, the federal government is taking initiatives to advertise the indigenous manufacturing of defence tools. On the one aspect, it’s helping the indigenous business with funds underneath the Technology Development Fund (TDF) and can be pushing the Defence Research and Development Organisation (DRDO) with Mission Mode (MM) initiatives.
Defence Minister Rajnath Singh knowledgeable the Parliament {that a} complete of 54 industries have been supported underneath the TDF scheme to date. A complete No. of 04 applied sciences has been efficiently developed underneath TDF Scheme. Further, “A total of 340 applications as Expression of Interest (EoI) have been received under TDF Scheme & 372 applications as Expression of Interest (EOI) have been received for Dare to Dream under TDF Scheme so far.”
The Government has labored out the Mission Mode (MM) initiatives of the Defence Research and Development Organisation (DRDO). Ajay Bhatt stated, “As of date DRDO is working on 55 MM Projects for a total sanctioned cost of Rs. 73942.82 Crore”. The initiatives are within the space of Decoys, Nuclear Defence Technologies, Air Independent Propulsion (AIP), Propulsion Systems, Torpedo, Fighter Aircraft, Cruise Missile, Unmanned Aerial Vehicle, AEW&C Aircraft Systems, Gas Turbine Engine, and Warhead amongst many others.
Details of capital expenditure incurred on international procurement for Defence Equipment by the Defence Services for the final 5 years are as underneath: –
Financial Year Foreign Procurement (Rs. in crore)
2017-18 30,677.29
2018-19 38,115.60
2019-20 40,330.02
2020-21 43,916.37
2021-22 40,839.53
TOTAL 193,878.81
