Bangalore: The Confederation of Indian Industry said on June 12 it expects a large number of reputed companies to explore opportunities in Defence production and supplies with the opening up of the sector, and suggested to the government to evolve a product and supplier development strategy.

"With the opening up of the Defence sector, we expect a large number of reputed companies to look towards Defence not just as a supplier of Defence products but as a partner in building a stronger and self-reliant armed forces," chairman of CII's National Committee on Defence, Atul Kirloskar, said.

Addressing a national seminar on public-private partnership in Defence aerospace industry, Kirloskar suggested that the government, jointly with industry, develop a product strategy and supplier development strategy.

"These strategies have to be followed by developing an enabling purchase policy and control mechanism," he said.

CII, Kirloskar said, believes that India should be self-reliant in certain strategic weapon systems like field guns, armament, weapon delivery systems, air cushioned vehicles, armoured vehicles, air defence systems, radars and submarines, among others.

He said import of Defence equipment, if at all necessary, should be allowed only through tie-up (joint venture/collaboration/technology) with one of the pre-selected Indian industry.

"No import of indigenously produced goods should be allowed without a 'right of first refusal' by the Indian company," Kirloskar, who is also CMD of Kirloskar Oil Engines Limited, said.

PTI