India is considering setting up an exclusive organization for defense acquisition.
"A separate set up for defence acquisition, at capital level as well as revenue level and OFB needs to be created. We are considering that," Indian Defense Minister Manohar Parrikar was quoted as saying by PTI Thursday at the launch of the Defence Innovators and Industry Association (DIIA).
He said it will take another six months for the concept to firm up.
This was also one of the recommendations of the Dhirendra Singh Committee that was set up the Defence Ministry to suggest changes to the Defence Procurement Procedure.
"This concept is under active consideration and definitely during the current calender year, this set up should be there," Parrikar said replying to questions.
He said there should be continuity of information, knowledge and experience.
The Dhirendra Singh Committee has proposed "Dedicated Procurement Organisation Outside The Government Of India Ministry Structure" in a report submitted last year.
It had said that the procurement executive as now established is a result of the recommendations of the Group of Ministers post Kargil, and is one of the institutions created as part of the reorganisation of the higher defence management structures.
"It has now functioned for more than a decade. Like any organisation it has its strength and weaknesses. It is our recommendation that the time is ripe for it to undergo a second set of reforms.
"Its main drawback is that it essentially performs line functions whilst being embedded in a larger structure, which is designed to perform staff functions," the report had said.
India will soon have a test facility including a test range for Electronic Warfare (EW) at Defence Electronic Research Laboratory (DLRL), Hyderabad. “The project to set up the EW test facility is being taken up on priority
There was no mention of decisions relating to blacklisting of companies and the report on strategic partnerships in the Indian Defense Acquisition Council (DAC) meeting press briefing Tuesday. India has already firmed up the new Defense Procurement Procedure, but it is yet to take up policy changes relating to blacklisting of firms accused of corruption
Indias first of five nuclear submarines, INS Arihant is all set for operations and formal induction in the Navys fleet. The nuclear submarine has cleared all the tests and is said to be technically ready for commissioning at any time, Economic Times news daily reported Tuesday
During the last three years 162 contracts with total value of INR133093 Crore ($19.3 billion) have been signed with Indian and foreign vendors for procurement of defence equipment, including Ships, Missiles, Rockets, Simulators, Tanks, Guns, Aircrafts, Helicopters and Radars
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