New Delhi: India will spend Rs 323,053 crore ($45.2 billion) on its armed forces from April 2020. The defence allocation for the year 2020-21 has been set at just 1.43 per cent of India’s GDP, one of the lowest in the recent years, as has been the trend […]
New Delhi: India’s Narendra Modi government can take a leaf out of former British Prime Minister Margaret Thatcher and the privatisation of companies like defence major BAE Systems to carry forward its disinvestment plans for state-owned companies that are profitable. The Economic Survey 2020-21, presented to the Parliament […]
By N. C. Bipindra New Delhi: India is all set to sign a $2.6-billion deal to buy 24 helicopters from the US in a bid to shore up its capabilities to counter an increased Chinese warship and submarine presence in the Indian ocean region, people familiar with the […]
New Delhi: US aerospace and defence major Boeing Co. has been steadily ramping up its sourcing from India and expanding its suppliers network, contributing to the ‘Make in India‘ and ‘Skill India‘ initiatives of the government, the company said today. Ahead of the Indian Ministry of Defence‘s signatue […]
New Delhi: French military and security technology major Thales has offered to digitally transform India’s defence forces and will be showcasing products and technologies that it promises have the potential to enable India’s armed forces to achieve high ambitions and master every decisive moment. “In line with DefExpo-2020‘s […]
New Delhi: The Indian Army is planning a procurement of 3,257 Auxiliary Power Unit (APU) for its fleet of T-72 and T-90 Russian-origin battle tanks, in a bid to increase their operational capability. The procurement will be through the indigenous route and the project has been identified as […]
New Delhi: India’s Narendra Modi government has taken the significant step towards strategic disinvestment from the national carrier Air India by issuing the Preliminary Information Memorandum (PIM). Minister of State for Civil Aviation Hardeep Singh Puri said at a press conference here today that the newly constituted Air […]
New Delhi: India’s defence and security solutions provider, Kanpur-based MKU Limited, will offer its indigenously designed, developed and manufactured products such as night vision weapon sights and body armour to the Indian armed forces and will showcase its domestic military manufacturing capability at this year’s DefExpo in Lucknow […]
New Delhi: Indian company Jindal Defence, part of O P Jindal Group, today announced its advent into small arms manufacturing in India. In a move aimed towards empowering indigenous manufacturing, Jindal Defence has signed a Joint Venture (JV) agreement with Taurus Armas S.A., of Brazil for manufacturing an […]
New Delhi: India and Brazil today agreed to work jointly on cyber-defence and defence systems, among others, and on an action plan to strengthen their strategic partnership that could shape the way the United Nations’ Security Council (UNSC) could be reformed. After a bilateral meeting between the visiting […]
Kolkata: India’s state-run Garden Research Shipbuilders and Engineers Limited (GRSE) today touched a key milestone under the navy’s next generation frigates project, with a keel laying for the second of the three warships it would build under the programme. India’s Vice Chief of Naval Staff Vice Admiral G. […]
New Delhi: Israeli CONTROP Precision Technologies Limited, a company specialising in electro-optics and infrared (EO/IR) for defence and homeland security solutions, has won a tender from India’s Defence Research and Development Organisation (DRDO) for the supply of its iSky-50HD systems, for use on unmanned air platforms. The iSky-50HD […]
New Delhi: India multinational, multi-sector major Larsen & Toubro (L&T) today said its revenue from the defence sector during the third quarter this fiscal had witnessed a decline of 66 per cent over the correspondng quarter of last year, as the company received orders worth Rs 168 crore […]
New Delhi: American arms major Lockheed Martin will explore ‘Make in India‘ opportunities and partnerships with Indian industry and suppliers in a bid to strengthen defence ties between the two nations, while at DefExpo-2020 in Lucknow between Feb. 5 and 8. The company said it has currently integrated […]
New Delhi: Indian Army is readying for the modernisation of its armoured and mechanised forces, with the induction of Future Ready Combat Vehicle (FRCV), Future Infantry Combat Vehicle (FICV) and Arjun MkII Main Battle Tank slated for the coming decade. Especially, the FICV’s induction is scheduled for the […]
