Agency overview | |
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Formed | October 18, 2019 |
Agency executives |
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Parent agency | Government of India |
Website | ideea |
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.
History
The Defence Production Policy of 2018 targeted achieving annual defence exports of Rs 35,000 crore by 2025. The IDEEA was formed to facilitate achieving this. The organisation was formally inaugurated on 18 October 2019 by Bipin Rawat, the acting Chief of Indian Army, who reiterated the target in the presence of Defence Attaches from various countries.
Responsibilities
The IDEEA's aim is to make India “one of the top three defence equipment exporters in the world.” It is the nodal-agency tasked with processing all export inquiries from global customers of Indian military equipment. The agency will serve as the interface between Indian military equipment producers and global customers.
Organisation
The Indigenous Defence Equipment Exporters Association is a non-profit organisation created under the terms of the Section 8 of the Companies Act.
See also
References
- ^ 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.
- ^ "Indigenous platforms to increase India's defence exports". Outlook. 24 October 2019. Retrieved 26 October 2019.
- ^ a b c "Launch of IDEEA, 'Indigenous Defence Equipment Exporters Association'". India Strategic (magazine). October 2019. Retrieved 26 October 2019.
- ^ "Objectives & Goals – IDEEA". Retrieved 13 February 2020.
- ^ "DEFENCE PRODUCTION POLICY 2018" (PDF). Department of Defence Production. Retrieved 19 October 2019.
- ^ "We are now gradually becoming an export oriented defence industry: Bipin Rawat". The Economic Times. 18 October 2019. Retrieved 19 October 2019.
- ^ "Indian defence exports to grow to Rs 35,000 crore by 2024: Army Chief". The Economic Times. 18 October 2019. Retrieved 19 October 2019.