About: Strategic Partnership (SP) policy
The policy on Strategic Partnerships in Defence sector was approved by Defence Acquisition Council (DAC) in May, 2017.
The policy is intended to institutionalise a transparent, objective and functional mechanism to encourage broader participation of the private sector, in addition to DPSUs/OFB, in the manufacture of defence platforms and equipment such as aircraft, submarines, helicopters and armoured vehicles.
It will serve to enhance competition, increase efficiencies, facilitate faster and more significant absorption of technology, create a tiered industrial ecosystem, ensure development of a wider skill base and trigger innovation, leading to reduction in dependence on imports and greater self-reliance in meeting national security objectives.
The following four segments have been identified for acquisition under Strategic Partnership (SP) route:
Fighter Aircraft
Helicopters
Submarines
Armoured Fighting Vehicles (AFVs) / Main Battle Tanks (MBTs)
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