Online Export Import Data Search

Recent Searches: No Recent Searches
Complete Training Video : Click Here

To boost defence exports, govt to launch 'open general export scheme' in a month: Official.

Date: 18-06-2019
Subject: To boost defence exports, govt to launch 'open general export scheme' in a month: Official
To boost defence exports, the government will launch 'Open General Export License' scheme with a month, a senior Defence Ministry official said.

Speaking at the 'Workshop for Defence Export Promotion' organised by FICCI, Sanjay Jaju, Joint Secretary (Defence Infrastructure Panel) in the Ministry of Defence, said that through the new licence, the industry will be able to access international market and make the products more competitive.

"We are working on launching the Open General Export License where the entire process of taking permission from the government will also be further reduced," he said.

Jaju added that the production will become better qualitatively and also provide value for money for Indian customer.

He stressed that Indian exporters should diversify the product line to be internationally competitive.

"It is important for us to now look at platforms and while looking at these platforms, it is important that we are competitive and able to provide good value for money to the buyer," he said.

Rear Admiral Atul Khanna, Additional Director General Quality Assurance (Naval), DGQA, Ministry of Defence, said that the Indian defence industry is currently undergoing a tectonic phase.

"Demand side is moving much faster and the catch-up between demand and production is not happening. Given the policy-level changes happened over last five years, the next decade is going to turn the tides," he added.

Source: moneycontrol.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Exim Help

Exim Guru Copyright © 1999-2020 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.


C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001