On indigenisation of defence products: Adding economy to defence

News: On Independence Day, Prime Minister handed the indigenously designed & developed Light Combat Helicopter (LCH), over to the Indian Air Force (IAF). It has been manufactured by Hindustan Aeronautics Ltd (HAL). The issue here is, it’s confusing how the PM chose the LCH as an indigenous product, even while the cabinet has not given… Continue reading On indigenisation of defence products: Adding economy to defence

Big Lesson From Small Nation: On import substitution

Synopsis: Import substitution cannot deliver “Make in India for the World”. Lessons from Vietnam. Introduction In 2015, India decided to promote mobile phone industry through import substitution. The eventual goal was to make a success of “Make in India for the World”. Though, there has been a significant expansion of domestic production of telephones since… Continue reading Big Lesson From Small Nation: On import substitution

Rs 25,000 crore tenders cancelled or modified to promote Make in India products

Department for Promotion of Industry and Internal Trade(DPIIT) has cancelled or modified government tenders worth over Rs 25,000 crore. This decision was taken to change the conditions of the tenders in order to promote ‘Make in India’ goods. Further,the tenders were cancelled as they had certain restrictive conditions which were discriminatory against domestic manufacturers and… Continue reading Rs 25,000 crore tenders cancelled or modified to promote Make in India products