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Imported defence equipment to have 30% Indian parts
• CHENNAI: With India planning to import 45 billion dollars worth defence equipment in the next five years, the Centre has decided that all imported defence equipment should have at least 30% Indian components, a top defence scientist said on Wednesday. Inaugurating an international conference on emerging challenges in design and manufacturing technologies, organised by the Combat Vehicles Research and Development Establishment and Sathyabama University, DRDO chief Dr A Sivathanu Pillai said defence imports in the next five years were likely to be $45 billion, as per CII’s projection