Indian Army puts on hold purchase of 200 logistics drones from Dhaksha Unmanned Systems over China parts concerns

A Dhaksha DH-Logigator logistics drone. (Photo: Dhaksha Drones)New Delhi: The Indian Army has paused its plans to buy 200 logistics drones from Dhaksha Unmanned Systems, a company based in Chennai. This decision, which the Army took recently, comes a...

Huge enthusiasm in UAE to invest in India: UAE Envoy to India

New Delhi: There is a vast untapped potential and huge appetite to invest in India, which remains unexplored, said United Arab Emirates Envoy to India Ahmed Albanna, during ASSOCHAM’s webinar “Rediscovering India - UAE Economic Relations ...

DPP 2020: Conclusion of a 5-year product support agreement with additions    

New Delhi: The Union Ministry of Defence will introduce new chapters on post-contract management and procurement of ICT software and systems.These chapters will be also placed in public domain shortly as part of the draft of defence procurement proce...

FDI in Defence: Industries hail government for raising the cap

New Delhi: Lauding the government’s decision of raising the Foreign Direct Investment (FDI) in defence sector from 49 per cent to 74 per cent through automatic route, the defence equipment makers on Saturday said that the step would incentivise...