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Union defence minister Rajnath Singh announced on Sunday that the defence ministry will embargo 101 items to give a boost to indigenous defence production in a bid to strengthen the Atmanirbhar Bharat initiative taken by the PM Narendra Modi.bHe said that the decision to embargo 101 items will give a big boost to India’s self-reliant initiatives in the defence sector. Singh said that this presents an opportunity for the nation’s defence industry to manufacture the items in the embargoed list by using their own design or by adopting the technologies developed by the DRDO.
New DelhI: Union defence minister Rajnath Singh announced on Sunday that the defence ministry will embargo 101 items to give a boost to indigenous defence production in a bid to strengthen the Atmanirbhar Bharat initiative taken by the PM Narendra Modi.bHe said that the decision to embargo 101 items will give a big boost to India’s self-reliant initiatives in the defence sector. Singh said that this presents an opportunity for the nation’s defence industry to manufacture the items in the embargoed list by using their own design or by adopting the technologies developed by the DRDO.
The Ministry of Defence is now ready for a big push to #AtmanirbharBharat initiative. MoD will introduce import embargo on 101 items beyond given timeline to boost indigenisation of defence production.
— Rajnath Singh (@rajnathsingh) August 9, 2020
Rajnath Singh highlighted that the domestic defence industry can expect defence contracts worth Rs 4 lakh crores to be given to them within the next 6-7 years.
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