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 […]
(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 Lieutenant General (Dr) V. K. Saxena From the perspective of self-reliance and ‘Atmnirbhar Bharat‘, India has a reason to cheer in the festive […]
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, […]
(Editor’s Note: Updated at 5 pm on Sep. 30 with New DAP 2020 document at the end, and previously updated at 9 pm on Sep. 28 with the defence minister’s remarks and reactions from the industry on DAP-220 at the end.) New Delhi: India’s new acquisition rules for […]
New Delhi: India‘s Ministry of Defence on July 30 released an amended draft of Offset Guidelines that will form part of the Defence Procurement Procedure 2020. The amended draft Offset Guidelines were released three days after making public the amended draft DPP-2020, which has been renamed Defence Acquisition […]
New Delhi: India has amended draft procedures for defence acquisitions and has now sought remarks from stakeholders by Aug. 10 for a final round of discussions before the document is finalised. The second draft of the Defence Procurement Procedure (DPP) 2020, now titled ‘Defence Acquisition Procedure (DAP) 2020‘ […]
