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In order to promote the government’s “Make in India” program in the defense sector, the Defense Acquisition Council (DAC) chaired by Defense Minister Nirmala Sitharaman has amended the “Make-II” (Make in India) procedure. As per reports, the new rules will encourage greater participation from industry players in the acquisition of defense equipment.
The Defense Ministry, in a press release, said that the process will greatly help import substitution and promote innovative solutions. This simplified “Make-II” procedure will amend the existing “Make Procedure” in Defense Procurement Procedure (DPP)-2016, the ministry said. The ministry further said that the simplified “Make-II” procedure, finalized after a series of consultations held with industry, will amend the existing “Make Procedure’ in Defense Procurement Procedure (DPP)-2016.
The salient features of the new “Make-II” procedure include the following:
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