Strategic Partnership Policy Flashcards
1
Q
What does it refer to ?
A
To promote Indian private sector participation in defence manufacturing
2
Q
When was it approved ?
A
in 2017 by Defence Acquisition Council (DAC)
3
Q
Which committee suggested this ?
A
Dhirendra Singh Committee
4
Q
Aim of the policy ?
A
1) Creating 2 seperate pools of Indian private companies and Foreign Original Equipment Manufacturer (OEM’s)
2) To promote joint ventures between Indigenous private sector and global defence majors
5
Q
What concept is it based on ?
A
Buy and Make concept