New Delhi: The Indian Army has selected city-based OshoCorp Global Private Limited, among several other companies, for developing and likely supply of 85,000 125mm specialised ammunition for its main battle tanks under an industry-funded project. This deal, when awarded to one of the competing companies, will be worth […]
New Delhi: India today successfully flight tested an enhanced version of the Pinaka rocket system manufactured by a private sector industry, a key milestone in the efforts to develop self-reliance in arming the defence forces. The enhanced Pinaka rocket, developed by Defence Research and Development Organisation (DRDO), was […]
(Editor’s Note: Updated at 9 am today with expert opinions on the defence export trend all over the article.) New Delhi: India could achieve just about 25 per cent of its $2-billion defence export target in the first six months of this fiscal that began Apr. 2020, hit […]
(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 […]
By Deepak Sharma New Delhi: India’s crude oil import from the United States, the world’s largest producer of hydrocarbon, is set to rise in the future, as the Asia’s third largest economy is looking at diversifying its energy sourcing to meet future challenges. The US, battered by the […]
New Delhi: India and Russia may soon get their first export customer in Philippines for their joint venture BrahMos missile, even as New Delhi is engaged in price negotiations with Manila for a possible sale. The deal could be concluded in 2020 and the end customer could be […]
New Delhi: India’s Narendra Modi government has approved procurement proposals worth Rs 4,09,244 crore ($57 billion) since taking office for the first time in May 2014 till September this year. “The government, in the last five years, that is, from 2014-15 to 2018-19 and in the current year […]
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 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 […]
