29 April 2017 | Last updated 11:47 PM


 
Agrowon
Delivering Change Foundation
Delivering Maharashtra
Maharashtra Speaks
Saam TV
SILC
Tanishka
Yin For Change
 

More Pune
Mumbai News
Rest of Maha
Blogs
Entertainment
Nation
Sports
Business
Features
Def to be new sunshine sector
Rujuta Parekh | Thursday, 13 April 2017 AT 11:08 AM IST
Send by email    Printer-friendly version



Olive Pages: (L-R)  Col (Retd) Rajinder Bhatia, President & CEO - Defence & Aerospace, Bharat Forge Ltd, Vernon Noronha, Vice President and Head - Defence Business, Tata Motors Ltd, Lt Gen RR Nimbhorkar, Master General Ordnance (MGO) Indian Army, Lt Gen (Retd) Ravi Thodge, Consultant to Ministry of Defence, Brig P Nataraja, Commandant,  Central Armoured Fighting Vehicle Depot (CAFVD), Kirkee, Nitin Chalke, Chairman CII Pune Zonal Council and Managing Director – India, Eaton and Prashant A N, Director & Head, CII Pune, released The Olive Pages in the city during RAMICOM West on Wednesday.





Pune: Industry from the city is set to witness greater opportunities in the area of indigenisation of defence equipment and defence production as the Master General Ordnance (MGO) Lt Gen RR Nimbhorkar launched The Olive Pages in Pune on Wednesday.

The document holds a list of critical materials that are required for the logistics and maintenance support to the vast array of Indian army equipment.

Seeking greater partnership between the industry and the Indian Army, the industry has been asked to go through The Olive Pages to identify the areas wherein they can contribute in the process of indigenisation of defence equipment and Make in India for defence.

While speaking during the Regional Annual MGO Industry Cooperation Meeting (RAMICOM) West, MGO Lt Gen Nimbhorkar said that the Ministry of Defence is looking for higher engagement with the Indian industry. “Things are opening up to facilitate involvement of industry in defence production. There is a lot of scope for the industry to eat into the revenue share of the MoD.

The industry can expect revenue share to go up by three times. There are also problems and barriers too. Will have to try and ease things out and make dealing with Defence simpler,” he said while addressing the conference.

Lt Gen (Retd) Ravi Thodge, consultant to the Ministry of Defence and Former MGO; Brig P Nataraja, Commandant, Central Armoured Fighting Vehicle Depot, Kirkee; Col (Retd) RS Bhatia, President and CEO of Defence and Aerospace, Bharat Forge and Vernon Noronha, Vice President – Defence Business, Tata Motors Limited were among those present on the occasion. The conference was attended by representatives from the industry ranging from large corporates to Micro, Small and Medium Enterprises (MSME).

Highly-placed sources from the Army stated that there is a lot of scope in the area of indigenisation of ammunition in front of the industry. “Ordnance factories and government bodies have so far been associated with supply of ammunition to the Indian forces. But, the market is opening up and there is a huge opportunity for industry to participate in the supply of ammunition and orders worth thousands of crores are set to be given out annually,” the sources explained.

The MoD has also established a Green Channel for companies earning a turnover of over Rs 1,000 crore. “The companies will not be required to register under the Director General Quality Assurance (DGQA) while supplying to the Indian Army. They will have a sort of a self-certification to enable greater participation in defence indigenisation and production,” the sources stated.

The conference saw two sessions wherein officials from the Indian Army and members of the industry spoke about the sustainment requirements of the Indian Army, road map for indigenisation and capabilities and concerns of Indian industry in undertaking indigenisation projects in Defence.

The industry has been asked to go through The Olive Pages to identify the areas wherein they can contribute in the process of indigenisation of defence equipment and Make in India for defence.

 
0
 
0
 

Add Your Comment
Your Name
29 April 2017
 
Content limited to 1000 characters,1000 characters remaining.

The content of this field is kept private and will not be shown publicly.