Meeting on “Issues Faced by Industry in Import of equipment / components for Defence Production”
The meeting was called to understand issues faced by industry and was also attended by Joint Secretary (NS) & DIP Vijendra and Economic Adviser Mr. Rajib Kumar Sen in addition to industry representatives.
The most pressing issue raised by the industry was related to import licenses (NOC) which are issued by DGFT, which usually take up to 24 months as approvals have to be sought by various departments. The items in questions were radars and related equipment.
Industry suggestion was to issue one time clearance (NOC) by DGFT for the project and all related equipment instead of issuing separate NOCs.
Secretary asked industry to submit their issues by 15 February 2018.