Government is pursuing initiatives to achieve higher levels of indigenisation and self reliance in the defence sector by harnessing the capabilities of the public and private sector industries in the country. These measures include according priority and preference to procurement from Indian vendors and liberalization of the licensing regime.
The expenditure on Capital acquisition from foreign vendors and the percentage of such expenditure to the total expenditure on Capital acquisition during each of the last three years is as under:-
|
Year
|
Expenditures
(Rs. in crore)
|
|
2013-14
|
35082.10 (52.47%)
|
|
2014-15
|
24992.36 (38.11%)
|
|
2015-16
|
22422.12 (36.30%)
|