By A Correspondent New Delhi: India‘s Ministry of Defence (MoD) has signed contracts with state-run Armoured Vehicle Nigam Limited for the procurement of Nag Missile System (NAMIS) tracked version of anti-tank weapon platforms and Force Motors Limited and Mahindra & Mahindra Limited for around 5,000 light vehicles for […]
By A Correspondent New Delhi: In the regular Union Budget of Financial Year (FY) 2024-25 presented by India’s Minister of Finance Nirmala Sitharaman on July 23, the Ministry of Defence (MoD) has been allocated Rs 6,21,940.85 crore (approx. US$75 billion), the highest allocation among Prime Minister Narendra Modi’s […]
New Delhi: Facing a challenge in Ladakh from China since May last, India will arm its defence forces be spending an additional $3 billion (Rs 21,000 crore) this fiscal ending Mar. 2021 to boost capabilities and plug gaps in weapons and military equipment. For the same reason, and […]
