New Delhi: India’s Ministry of Defence (MoD) today said it has begun talks with workers unions of ordnance factories to address their concerns over corporatisation plans announced by the government last year. A high-level officials committee of the Department of Defence Production has taken the initiative to have […]
New Delhi: India today reiterated a 2017 Public Procurement order issued by the Department of Industrial Policy Promotion and listed 26 defence items to be purchased only from domestic suppliers to boost ‘Make in India‘. Under this order, the Department of Defence Production under the Ministry of Defence […]
New Delhi: India’s state-run Mazagon Dock Shipbuilders Limited (MDL) and private firm Larsen & Toubro have been chosen to battle it out for a Rs 45,000-crore ($6.3 billion) tender for building six next generation conventional submarines for the Indian Navy. Five Original Equipment Manufacturers — French Naval Group, […]
New Delhi: A record number of over 880 exhibitors, both domestic and foreign companies, have registered to participate in the DefExpo 2020 to be held in Lucknow in the first week of February, making it the largest ever so far. This information was given by India’s defence ministry […]
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 […]
New Delhi: India has set a target of $5 billion defence exports by 2025 and to achieve this target, the Narendra Modi government has taken several steps and carried out reforms in the policy, enabling seven-fold growth in defence export authorisation in the last two years. The measures […]
New Delhi: India has established a joint venture between two state-run enterprises to produce 60,000 tonnes-a-year of high end aluminium alloy used in the strategically important aerospace, aviation and defence sectors. India’s defence ministry-run Mishra Dhatu Nigam Limited (MIDHANI) and mining ministry-run National Aluminium Company Limited (NALCO) have […]
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: India’s Narendra Modi government has targeted a $26-billion defence industry by 2015, Minister of Defence Rajnath Singh said today. The target is expected to boost the sagging economy of the country. which has seen the Gross Domestic Product growth decelerating to an over five-year low at […]
Tokyo: India has sought Japanese investments in its defence industry and market, in a bid to boost its ‘Make in India‘ initiative and foreign direct investment. India’s Minister of Defence Rajnath Singh, who is on a two-day visit to Japan, met with his counterpart Takeshi Iwaya and later, […]
New Delhi: India’s Ministry of Defence today said it doesn’t intend to privatise the 41 ordnance factories, but only provide it a corporate character to ensure efficiency in their functioning. At a meeting between the ministry officials’ committee and labour union leaders today, in continuation of a similar […]
New Delhi: India is trying to prevent its 164,000 employees of its 41 ordnance factories that manufacture weapons for its 1.4-million armed forces from going on a strike from August 20. The labour unions of the 41 ordnance factories had issued a notice to the Ordnance Factory Board […]
New Delhi: India has reserved defence modernisation projects worth 500 billion rupees ($7 billion) for startup, Department of Defence Production Joint Secretary Sanjay Jaju said today. At a Society of Indian Defence Manufacturers seminar on ‘Startups-Cutting Edge for Technology Infusion into Defence’ here, Jaju said the Government of […]
