In an attempt to promote indigenous weapons over expensive foreign ones, defence minister Rajnath Singh on Sunday announced an import embargo on 101 items beyond given timeline to boost indigenisation of defence production under Atmanirbhar Bharat initiative.
In a series of tweets, Rajnath Singh made some major announcements and said that following the embargo on certain defence imports, it is estimated that contracts worth almost Rs 4 lakh crore will be placed upon the domestic industry within the next 6 to 7 years.
Of these, items worth almost Rs 1,30,000 crore each are anticipated for the Army and the Air Force while items worth almost Rs 1,40,000 crore are anticipated by the Navy over the same period. The embargo list includes, wheeled Armoured Fighting Vehicles (AFVs) with indicative import embargo date of December 2021, of which the Army is expected to contract almost 200 at an approximate cost of over Rs 5,000 crore.

In an attempt to promote indigenous weapons over expensive foreign ones, defence minister Rajnath Singh on Sunday announced an import embargo on 101 items beyond given timeline to boost indigenisation of defence production under Atmanirbhar Bharat initiative.
In a series of tweets, Rajnath Singh made some major announcements and said that following the embargo on certain defence imports, it is estimated that contracts worth almost Rs 4 lakh crore will be placed upon the domestic industry within the next 6 to 7 years.
Of these, items worth almost Rs 1,30,000 crore each are anticipated for the Army and the Air Force while items worth almost Rs 1,40,000 crore are anticipated by the Navy over the same period. The embargo list includes, wheeled Armoured Fighting Vehicles (AFVs) with indicative import embargo date of December 2021, of which the Army is expected to contract almost 200 at an approximate cost of over Rs 5,000 crore.