Society of indian defence manufacturers - Latest News Update, Information, Photos & Videos on Society of indian defence manufacturers at Lokmat Times

An MoU was signed between the Indian Army and Society of Indian Defence Manufacturers (SIDM) on Thursday to provide further impetus to indigenisation under Prime Minister Narendra Modi's vision of 'Atmrbhar Bharat' and to achieve strategic independence by reducing dependence on foreign origin equipment.A Defence Ministry release said the MoU was signed on 25 years of Army-Industry partnership with Confederation of Indian Industry (CII).It said that collaboration between the Indian Army and industry started in 1995 with the indigenisation of spares and has progressed to major defence platforms and a wide range of weapons and equipment."Increasing security challenges due to India's rising stature in the international community, apart from unresolved borders and revisionist adversaries require continuous and concerted capability building of the Army through modernisation to address them. This can be done by equipping the Army with indigenously built equipment," the release said.It said that in order to optimise capability building and single contact with the industry, Indian Army has reorgsed itself by aligning both the revenue and capital routes of procurement under Deputy Chief of Army Staff (Capability Development and Sustenance).The release said Army Design Bureau (ADB) has been established to act as a direct facilitator with the industry and connect the defence manufacturers directly with the user. These changes have resulted in a collaborative engagement between the technology provider, the equipment manufacturer and the user, it said.The signing of MoU with SIDM is a reaffirmation of firm resolve of Indian Army towards achieving self-reliance by supporting and handholding indigenous defence industry, the release added.( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Pahalgam Terror Attack

Tahawwur Rana

IPL 2025

CM Devendra Fadnavis

Mumbai Local

Weather Update

Society Of Indian Defence Manufacturers, NewsFOLLOW

Society of indian defence manufacturers, Latest News

International :Procurement of drones will strengthen India's aerospace, defence ecosystems: Indian billionaire businessman lauds PM Modi's US visit

New Delhi [India], June 24 : Baba Kalyani, Chairman and MD of Bharat Forge Limited and founding president of ... ...

International :Rajnath urges defence production companies to prepare roadmap for next 25 yrs

New Delhi, Sep 27 Defence Minister Rajnath Singh on Tuesday lauded the growing role of private manufacturers in ... ...

National :MSMEs should invest more in R&D, develop new technologies for India's security: Rajnath Singh

The Micro, Small and Medium Enterprises (MSMEs) and Society of Indian Defence Manufacturers (SIDM) should create an industrial base in India, on the lines of 'Mittelstand' (Mittel-Stunt) of Germany, which has been recognized by the whole world for ma ...

National :Army signs MoU with SIDM on indigenisation, innovation partnership

An MoU was signed between the Indian Army and Society of Indian Defence Manufacturers (SIDM) on Thursday to provide further impetus to indigenisation under Prime Minister Narendra Modi's vision of 'Atmanirbhar Bharat' and to achieve strategic indepen ...