Lohia Aerospace Systems Chief Executive Officer Anurag Lohia, in this written interview with Defence.Capital editor N. C. Bipindra, says that the company is focused on organic scaling up of composites manufacturing, and has no further acquisition plans anytime soon. Ques. What prompted the Lohia Group to venture into […]
New Delhi: Acquisition of new technologies and promotion of indigenisation will be the key result areas of Air Chief Marshal Vivek Ram Chaudhari, a fighter pilot, who took over as the Indian Air Force (IAF) chief today from Air Chief Marshal Rakesh Kumar Bhadauria, who retired from service. […]
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 said it has successfully tested a new variant of the indigenous air defence missile, Akash Prime, which uses a locally-made Radio Frequency (RF) Seeker to intercept enemy missiles, drones and aircraft. “A new version of the Akash missile — ‘Akash Prime’ — has been […]
New Delhi: India‘s navy has decided to create a vendor base in the remote Andaman and Nicobar Islands on its eastern sea board to enable support services for warship maintenance at the naval base there. The decision was taken at the Indian Navy‘s Conference for Mid-Year Refit Review […]
New Delhi: India today placed a $1-billion order for 118 locally-made ‘Arjun‘ main battle tanks for its army, boosting self-reliance in the critical area of heavy combat vehicles and boosting its battle readiness against its archrivals China and Pakistan. “(The) Ministry of Defence (MoD) placed the order with […]
New Delhi: In a key impact of Defence.Capital‘s efforts, India’s defence ministry today announced that it has adopted a policy framework for synergised use of simulators by the four armed forces for their training solutions. “The Ministry of Defence (MoD) has promulgated the framework for enhanced and synergised […]
Bengaluru:India‘s state-run aircraft-maker Hindustan Aeronautics Limited‘s (HAL’s) ratings from CARE Ratings Limited has seen an improvement, with the rating agency upgrading it to ‘CARE AAA Outlook Stable‘. “The CARE Ratings Limited has upgraded the present HAL long-term ratings from ‘CARE AA+ Outlook Stable’ to ‘CARE AAA Outlook Stable’. […]
New Delhi: India today said it has approved a $68-million funding programme to help startups to boost innovations in defence technologies over the next five years. India’s Minister of Defence Rajnath Singh has “approved the budgetary support of Rs 498.8 crore to Innovations for Defence Excellence (iDEX) – […]
New Delhi: India today signed a $45-million deal for Airport Surveillance Radars for the navy and coast guard to boost their maritime aviation activities. The Ministry of Defence signed the contract with Mumbai-based Mahindra Telephonics Integrated Systems Limited for procurement of 11 Airport Surveillance Radars with Monopulse Secondary […]
(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 […]
New Delhi: India’s defence research and development agency has achieved success with a critical technology for aeroengines that will help the nation to take a step closer towards self-reliance in the aerospace sector and enter an elite group of nations with this capability. The Defence Research and Development […]
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 […]
New Delhi: India’s defence public sector undertaking BEML Limited has bagged export orders from central African nation Cameroon and neighbour Bangladesh under Lines of Credit extended by the Indian government to buy construction equipment. BEML Limited is a ‘Schedule A’ company under India’s Ministry of Defence (MoD) and […]
By N. C. Bipindra New Delhi: In a significant business opportunity for local companies in the beginning of a new year, India today approved the $6.5-billion locally-made combat jets procurement for the air force, boosting the aerospace and defence industry that has been fighting hard against COVID-induced negative […]
