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‘s Minister of Defence Rajnath Singh today invited American companies to invest in the nation and contribute in making for the world from the Indian soil, as envisioned by Prime Minister Narendra Modi. Rajnath Singh said, at the 18th India-US Economic Summit organised by the Indo-American […]
New Delhi: India today said it has signed a $184-million contract with domestic firm Mahindra Defence Systems Limited to supply 14 anti-submarine warfare system to its navy. The contract, worth Rs 1,340 crore in Indian currency, was signed here under the ‘Buy and Make (Indian)‘ category of defence […]
By N. C. Bipindra New Delhi: India is exploring options for selecting a vendor for producing 1,750 future infantry vehicles for its army that will replace the current inventory of Russian-origin personnel carriers. The project may cost up to $7 billion or Rs 52,000 crore, some industry veterans […]
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 […]
(Editor’s Note: Adds SIDM statement on the Second Positive Indigenisation List at Paragraph 16.) New Delhi: India today announced the addition of 108 defence platforms and equipment to a list of items that are banned from imports, further boosting the Narendra Modi government’s resolve to give preference to […]
(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 Rajiv Chib A resurgence of COVID-19 cases in India has forced domestic defence companies to reintroduce strict restrictions. It again threatens to increase […]
New Delhi: The Indian Navy today began a fresh process for leasing 24 Naval Utility Helicopters (NUH), issuing a Request for Information (RFI) to foreign vendors. The last date for replying to the RFI is June 18. According to the RFI, the navy plans to keep the helicopters with ground-support equipment for […]
(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 India’s diversified culture seamlessly unfolds few hundred miles where uniformity lies in non-conformity. Similarly, the Indian growth story is uniquely deep […]
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 […]
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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 […]
