By N. C. Bipindra New Delhi: In a major boost to the private sector, India‘s defence ministry today said it has signed a Rs 2,580-crore (slightly over $350 million) contract with Larsen and Toubro and Tata Power Company Limited, apart from a public sector enterprise, for the supply […]
New Delhi: The United States is negotiating a joint development project for an air-launched drone with India involving both nations’ armed forces and defence research agencies, an American official from the Pentagon has said. At the ‘India Ideas Summit‘ organised by the US-India Business Council yesterday, the official […]
(Editor’s Note: First update on June 23 with Department of Defence Production comments on Offset Guidelines in the last paragraph. Second update with details of July 17 amended order keeping the policy on Banking Offsets in abeyance in paragraph one.) New Delhi: India kept in abeyance its June […]
New Delhi: India’s defence minister Rajnath Singh today threw open the draft Defence Procurement Procedure (DPP) 2020 that aims at further increasing indigenous manufacturing and reducing timelines for procurement of defence equipment for the public to receive inputs from the stake-holders. The draft DPP, prepared by a high […]