About the Meet
Annual MGO Industry Cooperation Meet (AMICOM) - 2015
The logistics requirements of the defence forces are a costly affair. It is these requirements that decide how much has to be allocated towards the defence allocations, not only for sustaining the military but also to cater to their modernization and future force projections. As reported by various oversight agencies, such as the Comptroller and Auditor General of India (CAG) and the Parliamentary Standing Committee on Defence, there are glaring capability voids in defence preparedness which need urgent attention of the defence establishment. The question to be answered is whether this gap/void can be covered by the existing defence allocation. After all, the modernization of the forces is not a one-time affair and has, therefore, to be tackled with a long-term perspective.
The Indian MoD announced in 2013 that sourcing of the defence equipment from the Indian companies, either by way of outright purchase, ToT or through indigenous design, development and manufacture, would be the preferred mode of procurement of defence equipment in future. This also opens up opportunities for the foreign companies to look beyond the DRDO or DPSUs and collaborate with the Indian companies for research, design and development activities with a view to meeting the future requirements of the armed forces through indigenous production.Read More