Bengaluru: India today signed a $716-million contract for powering the locally-made Light Combat Aircraft (LCA) ‘Tejas‘ with American GE Aviation‘s engines. In Indian Rupee terms, the deal is worth Rs 5,375 crore. With this order from the state-rune Hindustan Aeronautics Limited (HAL) for 99 of the GE F404 […]
By N. C. Bipindra New Delhi: India has come out with a set of new guidelines to govern India-Russia Joint Ventures for spares, and committed orders to such business entities are among the attractions. The eight-page policy document envisages allowing even single-vendor situation to sign contracts. Single-vendor situation […]
Moscow: India’s Minister of Defence Rajnath Singh today asked the the Russian industry to jointly manufacture defence platforms and equipment with India that will give a massive boost to the two nations’ exports to third countries. At the ‘India-Russia Defence Industry Cooperation Conference’ here in the presence of […]
