Facts for Prelims (FFP)
Source: TH
Context: Adani Defence and Aerospace inaugurated two facilities for ammunition and missile manufacturing in Kanpur, Uttar Pradesh, marking the first private-sector venture in this domain.
- The complex aims to become one of South Asia’s largest integrated ammunition manufacturing facilities, producing ammunition for the armed forces, paramilitary forces, and police.
The government has taken several steps to promote indigenous defence production, including:
- Prioritizing the procurement of capital items from domestic sources under the Defence Acquisition Procedure (DAP)-2020.
- Liberalizing the Foreign Direct Investment (FDI) policy by permitting up to 74% FDI under the automatic route.
- Launching the Innovations for Defence Excellence (iDEX) scheme to foster innovation in defence technologies.
