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Saturday, 14 May 2016

Target to raise India's defence exports to $2 billion: Manohar Parrikar

NEW DELHI: Defence Minister Manohar Parrikar today said the government will take into account the concerns while forging strategic partnership in the critical sector and set a target to raise India's defence exports to $2 billion in the next two years from the current over $330 million. 

Parrikar, however, took a dig at defence players who were objecting to proposed strategic partnerships, saying it seems they have realised that they will not be able to "go through the window". 
"After the windows have been well defined, (some) people, who have realised they they would be not be able to go through the window, have started canvassing that defence ministry is facing problems over strategic partnerships," he said at a seminar here. 

"Their concerns are well expressed. We are taking into account those concerns. We are soon sitting for second round of small groups (to discuss strategic partnerships). I intend to take up strategic partnership model further and work out strategic partnerships in couple of projects where otherwise there is no solution," he said. 
"How do you compare one fighter with any fighter," he said. 
Former DRDO chief V K Aatre had earlier this year submitted a report to the Defence Ministry recommending guidelines for selecting domestic private firms for strategic partnership. 

However, Indian private defence industry is divided over the issue with some big players batting for it while others pushing to delay it by at least five years. 

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