The new version of Defence Procurement Manual 2020 which was released by Defence Minister Rajnath Singh on October 20, 2020 has come at a very opportune time when the country is vibrant and is looking for self-reliance in critical defence technologies.
There is a huge market to be explored as the Government is eyeing to increase the country’s defence production and exports to USD $25 billion by 2025. Similarly, Government funding on procurement of defence equipment has been estimated to be around USD $130 billion in the next five years.
The Prime Minister promulgated “AatmaNirbhar Bharat,” “Make in India”, “Startup India”, “Stand-up India” which will prove to be a boon to the domestic defence industries by creation of an enabling ecosystem.
DRDO has evolved over a period to be a powerful defence R&D hub for the country and has developed capabilities in a vast canvas of defence technologies. Today the organization has been supporting nation-building through critical strategic defence technologies and various state-of-the-art weapon systems in the field of missiles, aeronautics, RADARS, SONARS, torpedos, electronic warfare, life-support technologies, and CBRN protection.
The document has therefore come at the most opportune time when there is a need to build flexibility in acquisition and procurement procedures which is the common denominator with which the Procurement Manual 2020 has been promulgated.
There has been simplification of procedures and internal restructuring within DRDO for empowerment of Director Generals and project directors through effective governance mechanism for enabling faster decision-making capabilities to promote quicker execution of projects.