DEFENCE PRODUCTION AND EXPORT PROMOTION POLICY 2020 (DPEPP 2020)

About:

• The DPEPP 2020 is envisaged as overarching guiding document of MoD to provide thrust to defence production capabilities of the country for self-reliance and exports.
  
  
• The policy has laid out following goals and objectives:
  • To achieve a turnover of Rs 1,75,000 Crores (US$ 25Bn) including export of Rs 35,000 Crore (US$ 5 Billion) in Aerospace and Defence goods and services by 2025.
    
    
  • To develop a competitive Defence industry, including Aerospace and Naval Shipbuilding industry to cater to the needs of Armed forces with quality products.
    
    
  • To reduce dependence on imports and take forward "Make in India" initiatives.
    
    
  • To promote export of defence products.
    
    
  • To create an environment that encourages R&D, rewards innovation and creates Indian IP ownership.
    
    
  
  
  
• The Policy brings out multiple strategies under the following focus areas:
  • Procurement Reforms
    
    
  • Indigenization & Support to MSMEs/Startups
    
    
  • Optimize Resource Allocation
    
    
  • Investment Promotion, FDI & Ease of Doing Business
    
    
  • Innovation and R&D
    
    
  • Defence Public Sector Undertakings (DPSUs) and Ordnance Factory Board (OFB)
    
    
  • Quality Assurance & Testing Infrastructure
    
    
  • Export Promotion