India, Russia to boost joint production in defence-Private firms will also be involved in manufacturing spares
- India and Russia have agreed on ways to simplify export clearances to take forward joint manufacturing in defence.
- This was among the various issues discussed during the 18th meeting of the India-Russia Inter-Governmental Commission on Military Technical Cooperation (IRIGC-MTC) chaired by Defence Minister Nirmala Sitharaman and her Russian counterpart General Sergei Shoigu.
- The two focus areas of the discussions were on further expanding military-to-military and defence industrial engagement between the two countries.
- India is keen on moving from licence manufacturing of defence equipment to joint production under Make in India.
- This includes allowing Indian companies, both Defence Public Sector Undertakings (DPSU) and private sector, to manufacture spares for Russian systems in India. “We have worked out some formats for end-use clearances.
Keen on exports
- Eventually, India is keen that its companies supply components and spares to export to third world countries.
Comments (0)