Third list of defence items banned for import to come out soon: PM Modi

 Indian Defence Ministry will come up with a third list of defence items banned for import very soon, PM Narendra Modi said stressing upon self reliant in the sector.

 

Indian Defence Ministry will come up with a third list of defence items banned for import very soon, Prime Minister Narendra Modi said on Friday stressing upon self reliant in the sector. "A total 70 per cent has been allocated for domestic defence industry this budget," said Prime Minister while addressing a post budget webinar titled 'Aatmnirbharta in Defence - Call to Action' on the announcements made in the budget.

The webinar was organised by the Ministry of Defence. Prime Minister Modi recalled that India's defence manufacturing was quite strong even during the period of slavery and in the immediate aftermath of independence. Indian made weapons played a major role during the Second World War. "Though, in the later years, this prowess of ours declined, still it shows that there has been no dearth of capabilities, neither then nor now", he said. Underscoring the importance of customisation and uniqueness of the defence system for a surprise element over the adversaries, PM Modi said: "Uniqueness and surprise elements can only happen when the equipment is developed in your own country."...Read More