The DAC met under the Chairmanship of the Hon’ble Raksha Mantri on 11/01/2016 and key provisions of the DPP, as listed under have been approved.
- Introduction of a new category of acquisition: Buy Indian (IDDM), to promote indigenous design development and manufacturing. Under this category, indigenously designed equipment with 40% indigenous content (IC), or equipment with 60% IC will be considered for acquisition. This category will be the most preferred acquisition category, above the existing ‘Buy (Indian)’ category.
- Make II (Industry funded) – involves no funding by the Government for prototype development. However if RFP for the equipment developed, is not issued with two years from the successful prototype development, 100% refund for successful developers, who were selected through due process.