The notifications issued likely to have a positive impact, however certain features of the scheme could create hurdles and needs to be addressed by MoD. The impact will depend though on how the provisions are implemented.

Ministry of Defence (MoD) notified two Open General Export License (OGEL) schemes the one OGEL is intended to promote the export of some parts and components of defence equipment such as components of ammunition and fuse setting devices without energetic and explosive material, firing control and related altering and warning equipment and related systems, and body protective items. While the other  would facilitate export or transfer of software and technology by an Indian subsidiary to its parent company abroad or another subsidiary of the parent company. The notifications specify the kind of software, technology and components that can be exported, as also the conditions to be complied with, the records to be kept, and the reports to be submitted by the exporter.

The countries to which export would be allowed include Belgium, France, Germany, Japan, South Africa, Spain, Sweden, UK, USA, Canada, Italy, Poland and Mexico. Two of India's major defence partners,  Russia and Israel,  do not figure in this list. Export or a transfer would also not be permitted under the OGEL to any Special Economic Zone. These notifications have been issued in response to a demand from the exporters and various stakeholders, however,  certain features of the scheme could create hurdles due to the provisions  such as;-

Hopefully the issues will be addressed by MoD and much will depend though on how the scheme is implemented by the DDP.