QUEPEM (GOA), March 28 - After a delay of over a year, the much-awaited new defence procurement policy was unveiled by the Government today with an aim to ensure transparency, fast track acquisition process and give a push to �Make in India� initiative.
The Defence Procurement Procedure(DPP)-2016 announced by Defence Minister Manohar Parrikar, however, did not contain a key chapter on the proposed strategic partnership. Parrikar said it will take another 2-3 months for finalisation of this model.
To be applicable from April, the procurement policy lays the roadmap on how India, the world�s largest arms importer, will acquire defence�equipment in the future.
The announcement was made at the inaugural ceremony of Defence Expo (Defexpo)2016, the largest-ever of its type to be hosted by India at Quepem town, about 50 kms from Panaji.�
The new DPP has included a new category to acquire weapons � IDDM (Indigenously Designed, Developed and Manufactured). The IDDM will be the first preferred category of preference.
Parrikar said that a review of the new DPP will be undertaken after six months.
�I do not say that the document is foolproof. Let us take a review after six months. Nothing is perfect, but we are taking it to perfection,� Parrikar said.
He said the DPP can push the agenda of �Make in India� and India�s target of achieving defence industry network. � PTI