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, […]
India Aerospace & Defence Daynote: Oct. 3, 2020 WHAT TO WATCH India Prime Minister Narendra Modi to open Atal Tunnel in Himachal Pradesh, to provide all-weather connectivity to army and civilians in the region.Oct. 3, 2020. 10 AM India Time. India Defence Minister Rajnath Singh in Manali, visiting […]
By N. C. Bipindra New Delhi: In a major boost to the private sector, India‘s defence ministry today said it has signed a Rs 2,580-crore (slightly over $350 million) contract with Larsen and Toubro and Tata Power Company Limited, apart from a public sector enterprise, for the supply […]
(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 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‘ […]
