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Draft ‘Defence Production & Export Promotion Policy (DPEPP) 2020 

  • IASbaba
  • August 5, 2020
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Draft ‘Defence Production & Export Promotion Policy (DPEPP) 2020 

Part of: GS Mains II and III – Govt policies and schemes; Defence 

About: 

  • In order to provide impetus to self-reliance in defence manufacturing, multiple announcements were made under ‘Atmanirbhar Bharat Package’. 
  • In implementing such framework and to position India amongst the leading countries of the world in defence and aerospace sectors, Ministry of Defence (MoD) has formulated a draft Defence Production and Export Promotion Policy 2020 (DPEPP 2020).  

 The policy has laid out following goals and objectives: 

  • To achieve a turnover of Rs 1,75,000 Crores (US$ 25Bn) including export of Rs 35,000 Crore (US$ 5 Billion) in Aerospace and Defence goods and services by 2025. 
  • To develop a dynamic, robust and competitive Defence industry, including Aerospace and Naval Shipbuilding industry to cater to the needs of Armed forces with quality products. 
  • To reduce dependence on imports and take forward “Make in India” initiatives through domestic design and development. 
  • To promote export of defence products and become part of the global defence value chains. 
  • To create an environment that encourages R&D, rewards innovation, creates Indian IP ownership and promotes a robust and self-reliant defence industry. 
  • The Policy brings out multiple strategies under the following focus areas: 

Procurement Reforms 

  • Indigenization & Support to MSMEs/Startups 
  • Optimize Resource Allocation 
  • Investment Promotion, FDI & Ease of Doing Business 
  • Innovation and R&D 
  • DPSUs and OFB 
  • Quality Assurance & Testing Infrastructure 
  • Export Promotion 

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