Defence Acquisition Council Agrees Upon Strategic Partnership
 
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Defence Acquisition Council Agrees Upon 'Strategic Partnership'

DAC to back model which boosts indigenous production
 
Defence Acquisition Council Agrees Upon Strategic Partnership

The Defence Acquisition Council (DAC) agreed upon the 'strategic partnership' (SP) model under which private firms would manufacture select military platforms such as fighter jets, helicopters, submarines etc in India but with partnership with foreign companies.

The DAC which is chaired by the Defence Minister Arun Jaitley, covered substantial ground finalising the strategic partnership model.

Unlike the recommendations of the committee under former DRDO chief V.K. Atre, Defence Ministry may not unilaterally nominate a Strategic Partner but a two-stage selection process might be put in place.

The issue will be further discussed and officials have expressed confidence over its approval. After the DAC’s approval, the policy would be sent to the Cabinet Committee on Security (CCS) chaired by the Prime Minister for final clearance.

The model's aim is to boost indigenous production and develop capable platforms in India itself. Foreign collaboration would boost 'Make in India' as well. Last week, Mr. Jaitley had held consultations with the industry and industry bodies to get their feedback on the proposed guidelines.

 
 


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