By N. C. Bipindra New Delhi: Before signing the contract, they were unsure. After pocketing the deal, they are undecided. “We need some more time,” was the matter-of-factly reply from Indian defence manufacturer Tata Advanced Systems Limited‘s (TASL’s) managing director and chief executive officer Sukaran Singh to a […]
(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 Rajiv Chib A resurgence of COVID-19 cases in India has forced domestic defence companies to reintroduce strict restrictions. It again threatens to increase […]
New Delhi: Just a week after India‘s new defence procurement rules came into force, the Narendra Modi government today said it has abolished the Banking Offset provisions for arms deals with foreign companies worth over Rs 2,000 crore (~$273 million), where offset is mandatory. The Ministry of Defence, […]
(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: India‘s Ministry of Defence on July 30 released an amended draft of Offset Guidelines that will form part of the Defence Procurement Procedure 2020. The amended draft Offset Guidelines were released three days after making public the amended draft DPP-2020, which has been renamed Defence Acquisition […]
By Amit Agnihotri New Delhi: On a day five Rafale fighter jets landed at the Ambala air base, political slug fest over the aircraft purchased continued with Prime Minister Narendra Modi hailing the high-tech flying machines and the opposition Indian National Congress questioning the deal. Union Minister of […]
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 […]
Washington: The United States today approved a $1.87-billion possible sale of an air defence weapon system to India that is expected to boost the modernisation efforts of the armed forces and help in expanding the South Asian nation’s air defence architecture for major cities like capital New Delhi. […]
New Delhi: India has signed a cumulative $5.67-billion defence offset from 21 contracts with foreign companies in the last three years. This would mean the Narendra Modi government clinched overseas deals worth at least $20 billion during the period, bringing benefits to the local industry India’s defence offset […]
Bangkok: India is committed to achieving $26-billion defence industry by 2025, Minister of Defence Rajnath Singh today said at an industry event here, exhorting global arms manufacturers to join the ‘Make in India’ initiative of the Narendra Modi government. Speaking at the ‘India Rising’ event, organised by the […]
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: The Narendra Modi government is planning to boost defence exports from the current 107-billion rupees ($1.5 billion) to friendly foreign nations by taking the help of the private sector in arms production. Defence Minister Rajnath Singh, who met with nearly 45 public and private aerospace and […]
New Delhi: India today approved the procurement of next generation long range maritime mobile coastal batteries that would use the BrahMos supersonic cruise missiles to deliver warhead on inimical forces. The Indian Navy would operate the missile batteries. The decision came at the Defence Acquisition Council meet, the […]
