New Delhi: India has removed restrictions to do defence business on Italian arms major Leonardo S. p. A., but with riders including the company not making any financial claims over past deals. India had barred Leonardo in its earlier avatar as Finmeccanica in early 2014, even before Narendra […]
(Editor’s Note: The views expressed are that of the authors.) By K. T. Jagannathan and T. S. Shankar The government has no business to be in the business of running enterprises. The erstwhile Swatantra Party and its founder, late C. Rajagopalachari, often laid much store by this philosophy […]
(Editor’s Note: The views expressed are that of the author.) By T. S. Shankar Come January, Air India, will lose its national flagship carrier tag, as there would be a change of guard with the airline joining the stable of the prestigious mega corporate business conglomerate, the Tata […]
New Delhi: India today listed a total of 23 global and domestic aerospace and defence companies that are barred or suspended from doing business since at least 2006. In a mandatory notification, the Ministry of Defence listed globally well-known companies such as the Agusta Westland International Limited from […]
New Delhi: India today said it has put in place simplified procedures for guarantees of foreign banks submitted by defence contractors during tenders, to speed up military acquisitions. “The Acquisition Wing of (the) Ministry of Defence (MoD) has promulgated a Standard Operating Procedure (SOP) to facilitate clarity in […]
New Delhi: India today announced Production-Linked Incentives (PLI) worth for the drone sector, to boost manufacturing capabilities and to act as a catalyst to drive growth. The PLI scheme was in line with Prime Minister Narendra Modi’s ‘Atmanirbhar Bharat’ vision and over the next three years, will lead […]
(Editor’s Note: The views expressed are that of the authors. For the writer’s other interests, read the credit line at the end of the article.) By Dr Jagmeet Bawa The demise of democratically elected government in Afghanistan and the rise of theocratic Taliban is a major national security […]
New Delhi: India today notified a new set of business rules for drones, providing the much-needed booster shot for the struggling unmanned systems industry that has witnessed mushrooming of startups nationwide but lesser orders over the last decade. The new rules, reportedly amended after its first release in […]
By N. C. Bipindra New Delhi: India today issued a much-awaited tender documents to two major local shipyards to compete for bagging the $5.9-billion contract for six futuristic attack submarines for the navy. This tender kicks off what is the first-ever defence procurement project under the Strategic Partnership […]
By N. C. Bipindra New Delhi: India today took the long-awaited decision to dismantle the British-era ordnance factories and to create seven new state-run corporate entities that will handle manufacturing of weapons for the armed forces. The ordnance factories corporatisation move has been initiated to bring in efficiency, […]
New Delhi: India today said it has approved a $68-million funding programme to help startups to boost innovations in defence technologies over the next five years. India’s Minister of Defence Rajnath Singh has “approved the budgetary support of Rs 498.8 crore to Innovations for Defence Excellence (iDEX) – […]
New Delhi: India today took a few key decisions that will speed up the way its defence acquisitions are done, including reducing the timelines by half. India’s Defence Secretary Dr Ajay Kumar tweeted the decisions, saying the acquisition wing of the Ministry of Defence (MoD) and the Indian […]
(Editor’s Note: The views are that of the author’s. For the writer’s other interests, read the credit line at the end of the article.) By Rajiv Chib A resurgence of COVID-19 cases in India has forced domestic defence companies to reintroduce strict restrictions. It again threatens to increase […]
(Editor’s Note: The views are that of the author’s. For the writer’s other interests, read the credit line at the end of the article.) By Vishal Nigam India’s diversified culture seamlessly unfolds few hundred miles where uniformity lies in non-conformity. Similarly, the Indian growth story is uniquely deep […]
New Delhi: India’s Minister of Defence Rajnath Singh on Feb 11 told Parliament that China‘s People’s Liberation Army troopers were disengaging with the Indian Army soldiers since Feb. 10 in the Ladakh region along the Line of Actual Control (LAC), where they have been in an eyeball-to-eyeball confrontation […]
