The Government of India is, on an ongoing basis, refining policies to promote self-reliance, indigenisation, technology upgradation and economies of scale in India’s defence manufacturing sector. SIDM further facilitates this process and strengthen the Government’s endeavors by representing Industry aspirations and concerns, and providing unbiased perspective to policymakers. Through a process of engagement with the National and State Governments in policy formulation, SIDM works to create an enabling environment. SIDM will also work with the Government to review progress of procurement and development.
Globally the Defence industry offers a host of opportunities for the Indian industry to engage in. SIDM tracks the global defence industry, identify new trends, maps impact and pin-points opportunity areas for Indian companies. SIDM also analyses policy opportunities to maximise potential and capitalise them for capability mapping of industry specific products and services, to create a repository of innovators and manufacturers.
Defence industry across the world is seeing cutting edge technology being developed. For Indian companies to be able to pursue these opportunities, SIDM monitors and creates access to emerging technologies for defence application. SIDM is building an international network of industry associations to enable access to state-of-the-art technology. SIDM also endeavors to create an enabling environment for incubating locally developed technologies, in public and private sector.
Technology development and export capabilities in defence sector are critical for India to become a self reliant nation. SIDM engages with institutes of technological and management excellence for indigenisation and innovation in defence. SIDM promotes public-private partnerships to foster sustained engagement between industries, R&D institutes and innovative technology ventures. SIDM’s aim is to facilitate these agencies to combine their operational experience and technological expertise and foster innovation.
SIDM works to raise awareness of the Indian defence industry’s capabilities on a global scale with a view to strengthening its image, creating new business opportunities as also gaining access to advanced technologies and capabilities, through global partnerships.
To achieve this objective, SIDM publishes capability reports and convenes platforms to showcase the domestic industry through international defence exhibitions. SIDM also facilitate interaction between foreign delegations and Indian industry. In addition, SIDM provides consultancy services to foreign companies seeking to outsource to India.
As the defence industry expands, it will also require people with skills in the domain. To promote defence technology and management , SIDM will design an integrated multi-domain curriculum and facilitate skill development for the defence industry through partner organisations.