India to halt imports of 101 defence items: minister
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SUNDAY, FEBRUARY 05, 2023
India to halt imports of 101 defence items: minister

Global Economy

Reuters
09 August, 2020, 11:35 am
Last modified: 09 August, 2020, 02:11 pm

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India to halt imports of 101 defence items: minister

“The embargo on imports is planned to be progressively implemented between 2020 to 2024,” Singh wrote in a series of tweets

Reuters
09 August, 2020, 11:35 am
Last modified: 09 August, 2020, 02:11 pm
Indian Minister of Defense Shri Rajnath Singh speaks to the media after the 2019 US-India 2+2 Ministerial Dialogue at the State Department in Washington, US, December 18, 2019/Reuters
Indian Minister of Defense Shri Rajnath Singh speaks to the media after the 2019 US-India 2+2 Ministerial Dialogue at the State Department in Washington, US, December 18, 2019/Reuters

India will hold off on importing 101 items of military equipment in an effort to boost domestic defence production, defence minister Rajnath Singh said on Sunday.

Singh said a separate budget of nearly 520 billion rupees ($7 billion) has been created for domestic capital procurement this fiscal year.

"The embargo on imports is planned to be progressively implemented between 2020 to 2024," Singh wrote in a series of tweets.

"Our aim is to apprise the Indian defence industry about the anticipated requirements of the Armed Forces so that they are better prepared to realise the goal of indigenisation."

Top News / World+Biz / South Asia

India / defence items / Embargo

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