By India News Stream Staff
July 30, 2018
New Delhi:The Defence Acquisition Committee (DAC) today approved Implementation guidelines for the Strategic Partnership Model for ensuring timely delivery of equipment to the Armed Forces.
The Strategic Partnership Model aims to build indigenous capabilities in the private sector to design, develop and manufacture complex weapon systems for the future needs of the Defence Forces.
The amplifying guidelines lay emphasis on incentivisation of transfer of niche technology from Global Majors, who in collaboration with Indian partners are ready to make India a Regional and Global manufacturing hub, a Defence Ministry release said here
The DAC meeting was chaired by Defence Minister Nirmala Sitharaman.
In order to convert policy into implementable directions and to kick start the process, the DAC also approved platform specific guidelines for procurement of Naval Utility Helicopters. All procurements
under the SP Model would be executedby specially constituted Empowered Project Committees (EPC) to provide focussed attention and ensure timely execution.
The DAC also accorded approval for the acquisition of 08 Fast Patrol Vessels (FPVs) for the Indian Coast Guard under ‘Buy (lndian-lDDM)’ category at an approximate cost of Rs 800 crore.
These vessels will be indigenously designed and manufactured and would strengthen maritime security
by undertaking day/night patrolling and policing of the Maritime Zones of India. This would incluide interception of vessels and personnel engaged in anti-sabotage anti-terrorist, anti-smuggling operations. They will also provide assistance for Search and Rescue medical evacuation, disaster relief operations, assistance during pollution response operations, etc.