Indigenous Defence Equipment Exporters Association

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Indigenous Defence Equipment Exporters Association
Agency overview
FormedOctober 18, 2019;4 years ago (2019-10-18) [1]
Agency executives
  • Dr RK Tyagi [2] , Director
  • Major Gen PM Vats [1] , Director
Parent agency Government of India [3]
Website ideea.in

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. [4]

Contents

History

The Defence Production Policy of 2018 targeted achieving annual defence exports of Rs 35,000 crore by 2025. [5] The IDEEA was formed to facilitate achieving this. [1] The organisation was formally inaugurated on 18 October 2019 by Bipin Rawat, the acting Chief of Indian Army, [1] [6] who reiterated the target [7] in the presence of Defence Attaches from various countries. [3]

Responsibilities

The IDEEA's aim is to make India “one of the top three defence equipment exporters in the world.” [1] It is the nodal-agency tasked with processing all export inquiries from global customers of Indian military equipment. [1] The agency will serve as the interface between Indian military equipment producers and global customers. [3]

Organisation

The Indigenous Defence Equipment Exporters Association is a non-profit organisation created under the terms of the Section 8 of the Companies Act. [1]

See also

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References

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