Tashkent (Uzbekistan): India has extended a concessional line of credit to Uzbekistan for procuring goods and services in the defence sector. This was the key takeaway from the meeting between India’s Minister of Defence Rajnath Singh and his Uzbek counterpart Major General Bakhodir Nizamovich Kurbanov here today. Rajnath […]
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 […]
By N. C. Bipindra New Delhi: India is taking its fight against insurgents and terrorism in Jammu and Kashmir to the next level by deploying robots to do the work, in a bid to save human lives and to achieve accuracy in eliminating threats. The Indian Army today […]
New Delhi: India and the US are making last ditch efforts to revive an already dead Defence Technology and Trade Initiative between the two nations and have signed a ‘Statement of Intent’ at today’s meeting to work on seven futuristic projects, including drone swarms. A sample of the […]
New Delhi: India’s Minister of Defence Rajnath Singh has approved issuance of two Open General Export Licences (OGELs) for export of certain parts and components and intra-company transfer of technology to select countries. The decision is expected to give a boost to defence exports and enhance ease of […]
Snapshot L&T won military orders worth $81 million in Q2 of FY20, a 52% drop from corresponding quarter last year International defence orders constitute 17% of total order inflow, Mumbai: Indian multinational, multi-sector company, Larsen & Toubro, had won orders worth ₹573 crore ($81 million) through its defence […]
New Delhi: The Indian Ministry of Defence today announced the extension of a ban on defence trade with Italian major Leonardo, which faced debarment from business dealings for the first time in 2014. In a notification put up on its website, the defence ministry said it “has again […]
New Delhi: India’s Defence Acquisition Council (DAC), chaired by Minister of Defence Rajnath Singh, today approved capital procurement plans of the armed forces worth over $466 million (Rs 33 billion/Rs 3,300 crore) for indigenously designed and developed equipment. Providing the much-needed impetus to the ‘Make in India‘ initiative […]
New Delhi: India’s defence manufacturers have come together to launch an export-focused industry body to expand the scope of business opportunities abroad. The ‘Indigenous Defence Equipment Exporters Association’ (IDEEA), a non-profit association under Section 8 of the Companies Act, 2013, was launched today here, in the presence of […]
Snap Shot* Minister assures further reduction in tax for defence sector* Invitation extended to French arms industry to help in aeroengines Paris: India’s Minister of Defence Rajnath Singh today said India and France intend to explore ways to strengthen their defence industrial partnership. Addressing the Chief Executive Officers […]
The acquisition of the Rafale aircraft will greatly enhance India’s operational capability, Indian Air Force‘s newly appointed chief Air Chief Marshal Rakesh Kumar Singh Bhadauria said on Oct. 4, just four days ahead of the 87th Air Force Day celebrations on Oct. 8. As IAF celebrates, the same […]
New Delhi: India’s Defence Research and Development Organisation (DRDO) and the Central University of Jammu (CUJ) have entered into a Memorandum of Understanding (MoU) for the establishment of Kalam Centre for Science and Technology (KCST) at the university. The MoU signing ceremony was held in the presence of […]
New Delhi: India today commissioned a new Coast Guard vessel at Chennai, built by the local shipyard from Larsen & Toubro. The coastal patrol vessel was christened ICGS Varaha. Minister of Defence Rajnath Singh, speaking at the commissioning ceremony, called for a proactive coordination among all agencies and […]
New Delhi: India has successfully carried out five user trials of the ‘Astra’ beyond visual range air-to-air missile from an Indian Air Force Sukhoi Su-30MKI aircraft. “The Defence Research and Development Organisation (DRDO) successfully flight tested the Beyond Visual Range Air-to-Air Missile (BVRAAM) ‘Astra’ from Su-30 MKI platform […]
New Delhi: India today named Air Marshal R. K. S. Bhadauria to take over the responsibility of heading its Air Force after the present chief retires on Sep. 30. “(The) government has decided to appoint Air Marshal RKS Bhadauria, PVSM, AVSM, VM, ADC, presently Vice Chief of Air Staff […]
