Friday, May 23, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Manufacturing

Manufacturing: Defence industry strengthening production process

Fiinews by Fiinews
May 13, 2024
in Manufacturing
Reading Time: 3 mins read
A A
0
Make in India
0
SHARES
22
VIEWS
LinkedinShare on Twitter

0:00

Access to critical technology is very restricted, says Bajpai

Defence industry is strengthening to produce ammunition due to the growing concern about supply chain disruptions while the need for indigenisation, says Anurag Bajpai, Additional Secretary Defence Production, Ministry of Defence https://mod.gov.in/ .

“We are dependent on imports for critical raw materials, which affect indigenous production capabilities,” he said, pointing out that the current geopolitical crises in defence all over the globe are hinting at ramping up ammunition production.

Addressing a PHDCCI’s Conference on “Ramping up Ammunition Production in India to meet Global Demand” held on 7 May in New Delhi on the theme, “Amplifying India’s Ammunition Production: Initiatives & Opportunities”, Bajpai added, “I see many industry players have taken licenses, particularly for armament ammunition, but products have not been made.”

He informed that not less than 40 licenses have been given in the ammunition sector in the last few years, and urged the industry https://twitter.com/defexpo to go ahead as there is a need to ramp up internal capabilities, as the government has already permitted.

The Government has also waived off quality assurance charges and called it an industry-friendly initiative, said Bajpai. “As a government, we are always open to bringing new initiatives, and as policies are dynamic in nature, everyone needs to come up with further suggestions.

“Access to critical technology https://www.zentechnologies.com/ is very restricted and dependence on imports creates vulnerability to the supply chain, that is why we are encouraging indigenization, and this is what we are trying to intensify.”

Hence, there is a need to focus on the planning process and maintaining the inventory. There is also a need to monitor the consumption pattern, as it should not go into the wrong hands.

Also, agility to change as the technology changes every four years, and the industry needs to work constantly, he continued, calling on start-ups to come into the picture as the industry needs to collaborate with startups for this.

He underscored the need for skilled workforce to go hand in hand with the need to look at the training part.

Regarding military standards, he said told the industry to focus on compliance with stringent policy checks.

“The need for strategies to ramp up, as well as the upgradation of current infrastructure, is crucial,” he underlined.

Promotion of R&D and skill sets to optimize resource allocations is also important, added Bajpai.

He further informed, “In the defence sector, we are coming up with defence testing opportunities for MSMEs and startups, where ammunition is one part of it, and it will be available in the next 1-2 years.”

In export, the challenge of end-user certificate there is a need to come up with the entire chain of end-users and ensure it will not export to any other country, as there needs to be a balance between diplomacy and exports,” he said.

With this, security of premises, manual provision, and cybersecurity should also be focused on while ramping up. 

He concluded, “We are with the industry and recommendations emerging from this conference would be taken into further policy reforms.” Fiinews.com

Tags: PHDCCI
ShareTweetShare

Related Posts

RenewsSys
Manufacturing

Manufacturing: RenewSys adds 8 lines at Khopoli

by Fiinews
May 23, 2025
0
16

Hiranandani investing in advanced technologies In a major move to strengthen its manufacturing capabilities, RenewSys, India’s first integrated manufacturer of...

Bessium Logo
Manufacturing

Manufacturing: BESSIUM makes grid-scale batteries

by Fiinews
May 23, 2025
0
14

Khanna creates made for India energy solutions BESSIUM's world-class lithium-ion battery manufacturing facility in Noida, is a part of the...

Krishna Logo

Manufacturing: Krishna-VABO JV in progress

May 22, 2025
14
Ust

Manufacturing: UST accelerate product innovation

May 22, 2025
15
PIB

Manufacturing: Bioeconomy heads for $300bn by 2030

May 16, 2025
16
Foxconn

Manufacturing: Cabinet approves HCL-Foxconn plant

May 16, 2025
17
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Invest: Tembo to spend Rs.1,000cr on manufacturing
  • Tech: Firstsource-Sanas work on AI for customers
  • Market: Bigship streamlines logistics lifecycle
  • Market: Hexaware to work close with US clients
  • Market: RBI authorize Getepay digital payment

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.