In an interview ahead of DefExpo-2022, Larsen & Toubro whole-time director and senior executive vice president Jayant D. Patil tells our editor N. C. Bipindra that a Foreign Military Sales model, amplification from Indian missions abroad and low-cost working capital could help build domestic miliary industrial base. The […]
By N. C. Bipindra New Delhi: To boost its armed forces’ capabilities to reach supplies and equipment to soldiers deployed in mountainous terrain, India is seeking to buy 163 logistics drones under the emergency procurement through the fast-track route. On Oct. 17, the Ministry of Defence issued a […]
New Delhi: India today gave its approval for procurement of $1.8-billion worth of weapons and military equipment for its armed forces, focusing on buying domestic products worth $1.55 billion among them. The Defence Acquisition Council (DAC), chaired by Minister of Defence Rajnath Singh, accorded Acceptance of Necessity (AoN) […]
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 approved a navy proposal to float a $5.9-billion tender for locally building next generation attack submarines with foreign help, for which state-run Mazagon Dock Shipbuilders Limited (MDL) and Larsen & Toubro Limited (L&T) are set to compete. The Defence Acquisition Council (DAC) of the […]
New Delhi: India has begun a search for a foreign vendor to meet its requirement for at least 1,770 future battle tanks, for induction beginning 2030, to meet threats from both China and Pakistan. The Indian Army today issued a Request for Information, third since 2015, to Foreign […]
New Delhi: India has signed a $200-million contract to lease four Israeli-made drones for long-range surveillance mission in the borders with China, where the two Asian neighbours are already in a year-long conflict. The announcement came today from Israel Aerospace Industries (IAI) that manufactures the Heron Unmanned Aerial […]
New Delhi: Faced with the challenge from China, the Indian Army today began the search for light battle tanks for high altitude deployment in locations such as Ladakh, where it has been battling an aggressive People’s Liberation Army (PLA) since May last year. The army has now indicated […]
New Delhi: India‘s national helicopter carrier Pawan Hans Limited is said to be in talks with the nation’s navy to lease its utility choppers, urgently required by the defence force to plug a critical operational capabilities gap. Pawan Hans looks to cash in on the delays faced by […]
New Delhi: In a major relief to COVID-hit industry, India has relaxed the Performance Guarantee requirement for defence contracts to just three per cent of contract value from the existing five per cent to 10 per cent, and this tweaked rule will apply equally to both Indian and […]
India’s Chief of Army Staff General Manoj Mukund Naravane tells Defence.Capital editor N. C. Bipindra in this exclusive interview that in the coming years, the force will buy locally made small arms and ammunition and will shun dependence on foreign sourcing for personal weapons of soldiers. Ques. India […]
By N. C. Bipindra New Delhi: In a significant business opportunity for local companies in the beginning of a new year, India today approved the $6.5-billion locally-made combat jets procurement for the air force, boosting the aerospace and defence industry that has been fighting hard against COVID-induced negative […]
New Delhi: India will host the AeroIndia-2021 air show in Bengaluru only on business days from Feb. 3 to 5, to conform to global COVID-19 pandemic safety standards and precautions. Minister of Defence Rajnath Singh, who carried out a review of the air show preparations, directed the organisers, […]
(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 […]
New Delhi: Just a week after India‘s new defence procurement rules came into force, the Narendra Modi government today said it has abolished the Banking Offset provisions for arms deals with foreign companies worth over Rs 2,000 crore (~$273 million), where offset is mandatory. The Ministry of Defence, […]
