The plan by the Ministry of Defence to put an embargo on the import of 101 defence items is expected to be progressively implemented between 2020 and 2024. Vipin Sondhi, managing director, Ashok Leyland, one of the largest providers of logistic vehicles to the Indian armed forces, spoke to T E Narasimhan on the benefits of the move, saying it will give confidence to the industry to participate in IDDM (Indigenously design, develop and manufacture).
How will the decision help the Indian industry?
This is certainly a welcome step and will give confidence to the industry to participate in IDDM (Indigenously design, develop and manufacture). The Indian public and private industry will focus on building further capabilities to strengthen the offerings to the defence sector. This sector will drive growth and be a major contributor to the economy.