Deccan Chronicle

‘Design in India’ soon: Parrikar

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Mumbai, Jan. 10: A new strategic materials policy that can promote production as well as storage of defense-related strategic materials will be announced soon, defense minister Manohar Parrikar said on Tuesday.

Parrikar also said the government is working on “Design in India” policy which will aim at building, enhancing and promoting designing capabiliti­es of Indian manufactur­ers and entreprene­urs so that they can design products of world-class standards to compete with global counterpar­ts and take advantage of “Make in India” programme.

“The government is set to introduce ‘Strategic Materials Policy’ soon,” Parrikar said inaugurati­ng a three-day internatio­nal conference & exhibition on reinforced plastics, 2017 here.

“The new Strategic Materials Policy can promote production as well as storage of defencerel­ated strategic materials,” he added.

The minister also assured the delegates at the conference that the Defence Procuremen­t Policy will soon include composite products developed indigenous­ly.

He was responding to a long standing demand of Indian composites industry to source defence equipment, components and ancillary material domestical­ly from Indian manufactur­ers of composite products and extend support under the ‘Make in India’ programme. The defence minister also informed the gathering that the DPP will be updated soon.

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