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 signed a contract with a domestic defence major to supply 1,300 Light Specialist Vehicles at a cost of $146 million for its army. These vehicles would be inducted in the Indian Army in four years. India’s Ministry of Defence firmed up and signed the […]
(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 first two paragraphs have been amended to reflect that it is not a final award, but initial sanction for an industry-funded project, and that several other companies too have got the sanction apart from OshoCorp Global.) New Delhi: India has sanctioned a $180-million project to […]
By N. C. Bipindra New Delhi: India signing a deal for 93,895 Close Quarter Battle carbines will be a key milestone for United Arab Emirates‘ CARACAL to invest 49 per cent in a Joint Venture with a domestic manufacturer with full technology transfer, the company’s top executive has […]
New Delhi: In a first for India, a domestic company today bagged a $56 million order to supply indigenously made hand grenades to the army, a major bid to go self-reliant and self-sufficient in this area of arms production. The Ministry of Defence‘s Acquisition Wing signed the Rs […]
(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: The COVID-19 pandemic and the lock down announced by the Narendra Modi government has bled the Civil Aviation industry in India. The government today told Parliament of India that the impact of the COVID-19 lock down was so severe on the aviation industry that the domestic […]
(Editor’s Note: Updated with a copy of order at the end.) New Delhi: India today extended the time for deliveries from domestic defence contractors by four months in view of the extraordinary nationwide lock down due to the COVID-19 pandemic. Foreign vendors may approach the Indian Ministry of […]
