Home Top Story India inked 18 defence deals with foreign vendors in 2014-15

India inked 18 defence deals with foreign vendors in 2014-15

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New Delhi, Aug 11 (Thenews)

India has inked eighteen defence deals with completely different countries within the last one year, the Rajya Sabha was enlightened on weekday.In a written reply, Defence Minister Manohar Parrikar same the foreign vendors were from the United States, Russia, Israel, Germany, France and GB.

“During 2014-15, eighteen contracts are signed between could 2014 and Feb 2015 with foreign vendors as well as those from United States, Russia, Israel, Germany,

France and Britain for acquisition of things like missiles, rockets and simulators,” Parrikar same.He same the contracts were signed as per the Defence acquisition Procedure (DPP) 2013.

On whether or not the govt. has re-introduced middlemen in defence procurements and alternative deals, the minister said: “Defence acquisition Procedure (DPP) provides for direct coping with the initial instrumentation makers (OEMs) or Authorised Vendors or Government Sponsored Export Agencies (applicable just in case of nations wherever domestic laws don’t allow direct export by OEM).”

“It additionally provides that merchandiser is needed to grant full details of any agents, technical consultants, authorised vendors that will are appointed by them for promoting of this instrumentation in Asian nation,” he added

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