Indigenous Defence Equipment Exporters Association Explained

Indigenous Defence Equipment Exporters Association
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Chief1 Name:Dr RK Tyagi[1]
Chief1 Position:Director
Chief2 Name:Major Gen PM Vats
Chief2 Position:Director
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Parent Agency:Government of India
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The Indigenous Defence Equipment Exporters Association (IDEEA) is the nodal-agency of the Government of India tasked with handling exports of Indian military equipment. The organisation is based in Delhi.[2]

History

The Defence Production Policy of 2018 targeted achieving annual defence exports of Rs 35,000 crore by 2025.[3] The IDEEA was formed to facilitate achieving this. The organisation was formally inaugurated on 18 October 2019 by Bipin Rawat, the acting Chief of Indian Army,[4] who reiterated the target[5] in the presence of Defence Attaches from various countries.

Responsibilities

The IDEEA's aim is to make India “one of the top three defence equipment exporters in the world.” It is the nodal-agency tasked with processing all export inquiries from global customers of Indian military equipment. The agency will serve as the interface between Indian military equipment producers and global customers.[6]

Organisation

The Indigenous Defence Equipment Exporters Association is a non-profit organisation created under the terms of the Section 8 of the Companies Act.[7]

See also

Notes and References

  1. Web site: Indigenous platforms to increase India's defence exports. 24 October 2019. Outlook. 2019-10-26.
  2. Web site: Objectives & Goals – IDEEA. en. 2020-02-13.
  3. Web site: DEFENCE PRODUCTION POLICY 2018. Department of Defence Production. 19 October 2019.
  4. News: We are now gradually becoming an export oriented defence industry: Bipin Rawat. 18 October 2019. The Economic Times. 19 October 2019.
  5. News: Indian defence exports to grow to Rs 35,000 crore by 2024: Army Chief. 2019-10-18. The Economic Times. 2019-10-19.
  6. Web site: Launch of IDEEA, 'Indigenous Defence Equipment Exporters Association'. October 2019. India Strategic (magazine). en-US. 2019-10-26.
  7. Web site: Single agency being set up to process defence exports. 16 October 2019. Business Standard. en. 2019-10-19.