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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 agencyGovernment of India[3]
Websiteideea.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]

History

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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

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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

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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

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  1. ^ a b c d e f g "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. ^ a b c "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.