21 February 2013

News Story: India May Reconsider Procurement Policies


By VIVEK RAGHUVANSHI

NEW DELHI — In the wake of the AgustaWestland corruption scandal, the Indian Ministry of Defence may revisit its policies on weapon purchases and production, Defence Minister A.K. Antony announced.

Without elaborating on how the policies will be reframed, Antony said, “the government is going to have a second look at both the defense procurement procedure and the defense production policy and amend it in a manner so that the industry can take more interest in defense production.”

An MoD official said emphasis will have be laid on domestic weapon production over imports.

Defense analysts here, however, said the government has been saying this (to boost homemade production) for a decade, and yet it still imports a majority of its weapons because the domestic industry is not ready to produce high-tech equipment.

Read the full story at DefenseNews