India to Stop Importing Warships

11 November 2010 (Last Updated November 11th, 2010 18:30)

The Indian Navy will stop relying on imported warships as all future procurements will be made in India, according to Indian Defence Minister AK Antony. A new procurement policy will be formulated whereby the country's private shipbuilders will be allowed to compete with public sector shi

The Indian Navy will stop relying on imported warships as all future procurements will be made in India, according to Indian Defence Minister AK Antony.

A new procurement policy will be formulated whereby the country's private shipbuilders will be allowed to compete with public sector shipyards for navy defence contracts.

"Public sector shipyards will have to compete with the Indian private shipyards to get projects for the Indian Navy. The Indian Navy's procurements in future will be from 'buy Indian, make Indian', so they will have to compete," Antony said.

The policy aims to decrease the dependence on imports for defence platforms and the Indian Navy is the first force to get rid of imports.

India's current defence equipment imports make up almost 70% of procurement, according to the Indian Express.