The first batch of Multi-Mode Hand Grenades (MMHG), manufactured by Economic Explosives Limited (EEL) following Transfer of Technology from Terminal Ballistics Research Laboratory of Defence Research & Development Organisation (DRDO), was handed over to the Indian Army.
MMHG as a shining example of the increasing collaboration between the public & private sectors and a big step towards self-reliance in defence manufacturing.
Measures undertaken by the Government to transform the defence sector into a self-reliant industry:
Setting up of Defence Industrial Corridors in Uttar Pradesh and Tamil Nadu
formulation of draft Defence Production and Export Promotion Policy (DPEPP) 2020
earmarking around 64 per cent of its modernisation funds under capital acquisition budget for 2021-22 for procurement from domestic companies
notifying two Positive Indigenisation Lists of over 200 defence items to promote self-reliance & defence exports
Corporatisation of Ordnance Factory Board (OFB)
increasing FDI limit from 49 to 74 per cent under automatic route and beyond 74 per cent through government route and according top priority to 'Buy {Indian-IDDM (Indigenously Designed, Developed and Manufactured)}' category for capital procurement.
