New Delhi: India‘s Minister of Defence Rajnath Singh today operationalised a private sector defence manufacturing facility in Uttar Pradesh Defence Industrial Corridor (UPDIC) in Lucknow. The facility, run by Aerolloy Technologies Limited, a wholly owned subsidiary of PTC Industries Limited, will manufacture parts for aircraft engines, helicopter engines, […]
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 […]
New Delhi: Facing a challenge in Ladakh from China since May last, India will arm its defence forces be spending an additional $3 billion (Rs 21,000 crore) this fiscal ending Mar. 2021 to boost capabilities and plug gaps in weapons and military equipment. For the same reason, and […]
(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 In a country as diversified as India, contribution of Micro, Small and Medium Enterprises (MSMEs) to domestic production is unique and […]
(Editor’s Note: Corrections in paragraph 3 and 4, to read the economic package as Rs 2,000,000 crore or Rs 20 trillion or $266 billion, and production target Rs 30,000 crore as $4 billion respectively.) By Ayaskant Das The Ordnance Factory Board (OFB) has fallen short of its production […]
(Editor’s Note: Updated on Aug. 10 at 4.15 pm with a government clarification at paragraph 16.) New Delhi: India, among the world’s largest arms importers, has taken the first step towards reducing its defence import footprint. In a first, India’s Ministry of Defence today came out with a […]
New Delhi: India needs to instill fear in the minds of Communist China if it has to achieve equilibrium in the bilateral relationship, Indian National Congress leader Dr Abhishek Singhvi said, calling for a comprehensive, aggressive change in India’s policy on China, against the Ladakh conflict backdrop. Advocating […]
(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 Bhartendu Kumar Singh India‘s national security discourse has traditionally been a consensual project. Alternative voices and perspectives from the opposition leaders and scholars […]
New Delhi: India can handle China militarily with the qualitative defence capabilities that the Indian armed forces possess today, but the military action should be the last resort, said a former Corps Commander, who was tasked with defending Arunachal Pradesh from the Asian dragon’s aggression while in military […]
New Delhi: India will spend Rs 323,053 crore ($45.2 billion) on its armed forces from April 2020. The defence allocation for the year 2020-21 has been set at just 1.43 per cent of India’s GDP, one of the lowest in the recent years, as has been the trend […]
New Delhi: India’s Narendra Modi government has approved procurement proposals worth Rs 4,09,244 crore ($57 billion) since taking office for the first time in May 2014 till September this year. “The government, in the last five years, that is, from 2014-15 to 2018-19 and in the current year […]
New Delhi: India has established a joint venture between two state-run enterprises to produce 60,000 tonnes-a-year of high end aluminium alloy used in the strategically important aerospace, aviation and defence sectors. India’s defence ministry-run Mishra Dhatu Nigam Limited (MIDHANI) and mining ministry-run National Aluminium Company Limited (NALCO) have […]
New Delhi: Exemptions under Customs Duty and Goods and Service Tax on defence equipment bought by Indian armed forces could save up to Rs 60,000 crore ($8.5 billion) of the military budget over a five-year period, the Economic Times reported today. This saving could be used by the […]
New Delhi: India’s Ministry of Defence has made projections to the 15th Finance Commission for budgetary support to fund the armed forces’ modernisation projects. The commission, headed by former bureacraft N. K. Singh, held a meeting with the defence ministry officials led by Minister of Defence Rajnath Singh […]
