2 weeks ago

Govt Notifies 405-Item Defence Indigenisation List Worth Rs 3,070 Crore

Govt Notifies 405-Item Defence Indigenisation List Worth Rs 3,070 Crore
Defence ministry notifies sixth Positive Indigenisation List of 405 strategic items · firstpost.com

The Indian government wants to make more defence things like helicopter parts, aircraft, tanks and warships inside India instead of buying them from other countries.

This idea is called Aatmanirbharta, which means self-reliance.

Defence Minister Rajnath Singh told everyone about a new list of 405 items that India wants to make by itself.

The list includes parts for helicopters, Su-30MKI aircraft, tanks, warships, missiles and electronic gadgets used by the military.

These items are worth about Rs 3,070 crore, which is a huge amount of money.

Indian companies, especially small and medium businesses, can try to make them.

Once an Indian company makes an item successfully, the government will buy it from that company.

This gives Indian workers and companies more opportunities, investment and jobs.

Many defence company shares went up after the news because investors were excited.

The goal is to make India stronger and less dependent on other countries for its defence needs.

Key facts

List
Sixth Positive Indigenisation List (PIL)
Items notified
405 strategically important items
Estimated business potential
Rs 3,070 crore
Indian Coast Guard items
16
DPSU-related items
389
Indigenisation routes
'Make' procedure and in-house development with MSME and start-up participation
SRIJAN Defence Portal
Launched August 2020; over 33,000 items offered up to June 2026, including 5,012 under the first five PILs
Top stock gainers
Paras Defence (+8%), Zen Technologies (+6.6%)

Quotes

Rajnath Singh

Indian Defence Minister

“The move will expand opportunities for Indian industry, strengthen the domestic defence manufacturing ecosystem, promote investment and innovation, and help reduce dependence on imports.”
republicworld.com

Sources

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