New Delhi: India’s defence minister Rajnath Singh today threw open the draft Defence Procurement Procedure (DPP) 2020 that aims at further increasing indigenous manufacturing and reducing timelines for procurement of defence equipment for the public to receive inputs from the stake-holders. The draft DPP, prepared by a high […]
New Delhi: India will soon buy 83 Tejas Mk1A Light Combat Aircraft (LCA) for its air force that will boost the sagging combat fleet numbers of its fighter jets and energise the depleting order book of the state-run aircraft maker Hindustan Aeronautics Limited (HAL). The proposal to buy […]
New Delhi: India’s Narendra Modi government can take a leaf out of former British Prime Minister Margaret Thatcher and the privatisation of companies like defence major BAE Systems to carry forward its disinvestment plans for state-owned companies that are profitable. The Economic Survey 2020-21, presented to the Parliament […]
New Delhi: India and Finland today signed a Memorandum of Understanding (MoU) to enhance their defence cooperation, on the sidelines of the Raisina Dialogue event here. India’s Defence Secretary Dr Ajay Kumar and Finland Ministry of Defence Permanent Secretary Jukka Juusti signed the agreement to further defence cooperation […]
New Delhi: India’s largest workers union, Bharatiya Mazdoor Sangh (Hindi, translates to Indian Labour Union), today said it will protest Jan. 3 the proposed corporatisation and disinvestment of the defence Public Sector Undertakings (PSUs) and state-owned industries, and has called for a stop to Foreign Direct Investments (FDIs). […]
New Delhi: A record number of over 880 exhibitors, both domestic and foreign companies, have registered to participate in the DefExpo 2020 to be held in Lucknow in the first week of February, making it the largest ever so far. This information was given by India’s defence ministry […]
New Delhi: India’s Defence Public Sector Undertakings (DPSUs) have a healthy order book worth Rs 2,31,981 crore ($32.5 billion) that could help them stay in business for a period ranging from two years to 10 years. The details of the order book for each of the DPSUs is […]
New Delhi: India has set a target of $5 billion defence exports by 2025 and to achieve this target, the Narendra Modi government has taken several steps and carried out reforms in the policy, enabling seven-fold growth in defence export authorisation in the last two years. The measures […]
New Delhi: India has established a joint venture between two state-run enterprises to produce 60,000 tonnes-a-year of high end aluminium alloy used in the strategically important aerospace, aviation and defence sectors. India’s defence ministry-run Mishra Dhatu Nigam Limited (MIDHANI) and mining ministry-run National Aluminium Company Limited (NALCO) have […]
New Delhi: India has set a target of $26-billion defence industry by 2025 and to achieve this target, the Narendra Modi government has taken several policy measures through the Ministry of Defence. Minister of State for Defence Shripad Naik told members of Parliament of India from the Council […]
New Delhi: India’s Narendra Modi government has targeted a $26-billion defence industry by 2015, Minister of Defence Rajnath Singh said today. The target is expected to boost the sagging economy of the country. which has seen the Gross Domestic Product growth decelerating to an over five-year low at […]
By General Bipin Rawat, India’s Chief of Army Staff Snap Shot Have to look beyond state-owned military production, research efforts Startups, Corporate have to join hands for technology infusion Mechanism being worked out for startup involvement in defence sector The Government of India has spoken a lot about […]
New Delhi: The 11th biennial edition of DefExpo India- 2020 is scheduled to be held for the first time in Uttar Pradesh capital Lucknow, the government announced today. The media release reads: “It offers an excellent opportunity for the Indian defence industry to showcase its capabilities and promote […]
