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India’s defence production reaches record ₹1.27 lakh crore, exports cross 90 countries
Among its exports of a range of defence equipment to several countries, India sold the shore-based version of the BrahMos missile system to the Philippines this year. (File photo)New Delhi: India’s defence sector has achieved a record milestone...
Carl-Gustaf M4: Sweden’s Saab starts building facility for weapon after getting approval for 100% FDI
A Carl-Gustav M4 in display. (Photo: Public Domain/Wikipedia)Gurgaon: After receiving approval for 100 per cent foreign direct investment in defence production in the country, Swedish defence major Saab has established a new company, Saab FFVO India ...
Korea is India’s optimal partner as a leader in semiconductors, automobiles and chemicals: Jeong Dae-jin
New Delhi: Korea’s deputy minister for trade, industry and energy Jeong Dae-jin said that if Korea’s outstanding manufacturing foundations such as electronics, automobiles, steel, are combined with India’s world class ICT capabiliti...
Atmanirbhar Bharat: DPSUs indigenizes 72 items before their original timelines
Aatmanirbhar BharatNew Delhi: Putting Atmanirbhar Bharat on fast track, 72 items out of total of 214 items mentioned in 1st and 2nd Positive Indiginisation List (PIL) have been indigenised by Defence Public Sector Undertakings (DPSUs) well before the...
DefExpo 2022 to be held in Gujarat from October 18
New Delhi: The much-awaited Defence Expo 2020 will be held in Gandhinagar, Gujarat from October 18-22.The five-day event -- - India’s flagship exhibition on Land, Naval and Homeland Security systems -- will witness three business days followed ...
India's aerospace and defence sector explore partnership with friendly countries: Rajnath
New Delhi: Defence Minister Rajnath Singh on Wednesday said India’s Aerospace and defence sector is exploring mutually beneficial partnerships with friendly countries to set up manufacturing industries in the country and defence equipment produ...
No offsets applicable in IGA, G2G, single vendor
New Delhi: Offsets will not be applicable in three categories, including inter-government agreement, government-to-government (G2G) deal and single-vendor, a senior official in the defence ministry said on Monday.The official said the policy has not ...
Defence Minister Rajnath Singh unveils new Defence Acquisition Procedure
New Delhi: Aiming to make India as a global manufacturing destination of military platforms, reduce timelines for acquisition of defence equipment and allow purchase of essential items by the three services, Defence Minister Rajnath Singh on Monday u...
Parliament: Foreign Direct Investment in defence sector
FDI inflows of over Rs 3454 crore have been reported so farNew Delhi: In May, 2001, the Defence Industry sector, which was hitherto reserved for the public sector, was opened up to 100 per cent for Indian private sector participation, with Foreign Di...
Pakistan Army would suffer heavy losses if attempted any misadventure: CDS
New Delhi: Amidst simmering border standoff with China in eastern Ladakh, Chief of Defence Staff Gen Bipin Rawat on Thursday warned Pakistan against trying to take advantage of the ongoing crisis at the Line of Actual Control (LAC) and said they woul...Results
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