Advertisement

Updated December 11th, 2019 at 13:59 IST

'Steps being taken to promote defence exports': Government tells Lok Sabha

The government has taken steps to promote defence exports, including a reduction in the time taken for issuing export authorisations, Rajnath Singh said in LS

Rajnath Singh
| Image:self
Advertisement

The government has taken a number of steps to promote defence exports, including a reduction in the time taken for issuing export authorisations, Defence Minister Rajnath Singh said in the Lok Sabha on Wednesday. Singh also said self-reliance in defence production to meet the requirement of the armed forces was imperative from both strategic and economic perspectives.

READ: Citizenship Amendment Bill Is In 'national Interest, Says Rajnath Singh; BJP Leaders Agree

Rajnath Singh on defence exports

"Several steps have been taken to promote defence exports, including a reduction in the time taken for issuing export authorisations," he said during the Question Hour.

READ | India's Fight Against Terrorism Cemented Its Position: Rajnath Singh

The minister said these platforms or equipment were exported or supplied to the friendly foreign countries (FFCs) either on commercial terms or by following the lines of credit etc.

"In view of the strategic sensitivities involved, it is not desirable to disclose the list of such countries," he said.

Furthermore, Singh said, to expand the domestic defence manufacturing ecosystem and enhance their global competitiveness, efforts were being made to promote export of defence platforms and equipment to the FFCs, subject to the extant export control regulations.

READ: Rajnath Singh Attends IMA Passing Out Parade

READ: Rajnath Singh Addresses IMA Passing Out Parade In Dehradun

Advertisement

Published December 11th, 2019 at 13:51 IST

Your Voice. Now Direct.

Send us your views, we’ll publish them. This section is moderated.

Advertisement
Advertisement

Trending Quicks

BREAKING: Mukhtar Ansari Suffers Heart Attack, Admitted to Hospital in Serious Condition
a minute ago
Rain tax to be imposed in Canada from April
2 minutes ago
Tillu Square
4 minutes ago
Congress leader Mani Shankar Aiyar
10 minutes ago
Navi Mumbai: Man Accused Of Stealing Cardamom, Assaulted And Forced To Lick Shoes, 6 Held
11 minutes ago
Art for Hope
12 minutes ago
AIMIM
12 minutes ago
Bigbasket said it has altered its slotted delivery service to deliver within two hours against the earlier option of same day or next day delivery.
13 minutes ago
NC leadership’s presence at Mehbooba’s Iftar sparks talks of INDI alliance reconciliation
22 minutes ago
Secret weddings
24 minutes ago
Tata Steel
30 minutes ago
Alaya
34 minutes ago
Advertisement
Advertisement
Advertisement
Whatsapp logo