(Editor’s Note: Updated with India’s Minister of Defence Rajnath Singh’s remarks on likely value of contract in paragraph two at 12.30 pm on Sep. 9, and with Airbus statement in paragraph eight and a backgrounder from paragraph 20 at 10 pm on Sep. 8.) By N. C. Bipindra […]
(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: This is a partnered post for a television show series that Defence.Capital is a part of.) Atmanirbhar Bharat, a clarion call given by Prime Minister Narendra Modi, seeks to put India on a path of self-reliance and self-sufficiency, making the nation a bigger and more important […]
Bengaluru: India‘s private sector Dynamatic Technologies Limited has signed a memorandum of understanding with leading educational institution Indian Institute of Technology-Kanpur (IIT-Kanpur) for joint indigenous development of drones for the use of the armed forces. “Dynamatic will collaborate with IIT Kanpur for joint indigenous development of innovative Unmanned […]
(Editor’s Note: Updated on Aug. 10 at 4.15 pm with a government clarification at paragraph 16.) New Delhi: India, among the world’s largest arms importers, has taken the first step towards reducing its defence import footprint. In a first, India’s Ministry of Defence today came out with a […]
(Editor’s Note: Updated with a nut graph at paragraphs six and seven.) By Deepak Sharma New Delhi: Saudi Arabia, the world’s largest exporter of crude oil, might offer a discount to Indian and other Asian buyers this month as a part of its strategy to ensure full compliance […]
By Rupali Ghanekar Acknowledging wealth creation for all as a means to build a vibrant economy, the government of India, through various programmes, has appealed to Indian and foreign corporates to invest and grow their businesses in India. Against this backdrop, it would be important to draw attention […]
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 […]