Parliamentary Defence Panel Urges Timely Procurement, Cites Obsolescence Threat

Entertainment National Sports Markets Business & Economy Lifestyle World Astrology & Religion Technology Education & Jobs Auto Politics Viral Opinions

Loading more articles...

Defence Panel Urges Time-Bound Procurement, Warns of Obsolescence Risks

The brokerage said that the current West Asia conflict is likely to drive higher global defence spending as nations will prioritise security and military preparedness. It added that India's defence sector is well positioned to benefit from both rising domestic procurement and increasing export opportunity, supported by the government's push for indigenization and a growing reputation in the global arms market.

C

CNBC TV18•18-03-2026, 21:46

Defence Panel Urges Time-Bound Procurement, Warns of Obsolescence Risks

•Parliamentary panel recommends time-bound procurement in defence to counter technology obsolescence and geopolitical changes.
•Calls for enhanced budgetary allocation under the capital head for maintaining credible war deterrence.
•Emphasizes transparency and accountability in the defence procurement process.
•Stresses timely procurement and delivery for operational needs and self-reliance in defence.
•Recommends reducing dependence on foreign suppliers to make India a global defence manufacturing hub.

Read Full Article on Cnbc in English

✦

More like this

✦

More like this

Committee head and Congress MP Shashi Tharoor said a follow-up may not happen immediately due to the elections but the foreign secretary could be called for a more detailed briefing in about three weeks. (Image: PTI/File)

Tharoor-Led Panel Grills Centre on Iran War, Demands Clarity on India's Stance

**EDS: THIRD PARTY IMAGE; SCREENGRAB VIA SANSAD TV** New Delhi: Opposition members protest in the well as Lok Sabha Speaker Om Birla conducts proceedings in the House during the Budget session of Parliament, in New Delhi, Friday, Feb. 6, 2026. (Sansad TV via PTI Photo) (PTI02_06_2026_000087B)

Parliamentary Panel Proposes Capital Expenditure Framework, Boosts IP & Exports

LPG tanker Shivalik docks at Mundra Port after crossing the Strait of Hormuz amid the ongoing West Asia conflict, in Gujarat on March 16, 2026. (Image: PTI)

India's Energy Supplies Stable Amid Hormuz Disruption: Centre to Parliamentary Panel

Representative image for trade. (AP)

Parliament Panel Flags US Tariffs, Urges Trade Review & Export Boost

Representational image (Image: News18)

Parliamentary Panel Praises Army, IAF for 'Commendable Role' in Operation Sindoor

EAM Jaishankar Briefs Parliament: Indians' Safety Priority, India Shelters Iranian Ships

EAM Jaishankar Briefs Parliament: Indians' Safety Priority, India Shelters Iranian Ships