New Delhi: India-made Quick Reaction Surface-to-Air Missile system today achieved a major milestone by a direct hit on a Banshee pilot-less target aircraft at medium range and medium altitude, displaying a key capability to hit small airborne targets. The QRSAM was tested from the Integrated Test Range at […]
By Ayaskant Das New Delhi: The Narendra Modi government’s decision to offload up to 15 per cent of its share in Hindustan Aeronautics Limited (HAL) has met with opposition from employees of India’s lone, state-run aircraft manufacturer. But industry veterans feel a gradual disinvestment of the nation’s aerospace […]
Bengaluru: India‘s lone, state-run aircraft maker Hindustan Aeronautics Limited has got delivery of the first front fuselage of the indigenous ‘Tejas‘ Light Combat Aircraft‘s Final Operational Clearance variant from the private sector city-headquartered Dynamatic Technologies Limited. “Dynamatic has built the first front fuselage for the FOC version of […]
New Delhi: Indian private sector technology company, Dynamatic Technologies Limited, has signed a Memorandum of Understanding with the government’s Central Scientific Instruments Organisation (CSIR-CSIO) to jointly design, develop and manufacture futuristic solutions for defence and aerospace, healthcare and agriculture industries. “Our partnership with CSIO is aligned to Government […]
(Editor’s Note: Updated at 9 am today with expert opinions on the defence export trend all over the article.) New Delhi: India could achieve just about 25 per cent of its $2-billion defence export target in the first six months of this fiscal that began Apr. 2020, hit […]
New Delhi: Shifting its ties with Myanmar to a higher gear, India today officially confirmed it is all set to formally hand over a submarine to its neighbour for boosting its naval capability. India will transfer the Russian-origin Kilo-class, which will be commissioned by Myanmar as its first-ever […]
(Editor’s Note: Updated at 5 pm on Sep. 30 with New DAP 2020 document at the end, and previously updated at 9 pm on Sep. 28 with the defence minister’s remarks and reactions from the industry on DAP-220 at the end.) New Delhi: India’s new acquisition rules for […]
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 […]
New Delhi: India’s largest workers union, Bharatiya Mazdoor Sangh (Hindi, translates to Indian Labour Union), today said it will protest Jan. 3 the proposed corporatisation and disinvestment of the defence Public Sector Undertakings (PSUs) and state-owned industries, and has called for a stop to Foreign Direct Investments (FDIs). […]
New Delhi: Shifting its ties with Myanmar to a higher gear, India will soon formally hand over a submarine to its neighbour for boosting its naval capability. India will transfer the Russian-origin Kilo-class, which will be commissioned by Myanmar as its first-ever submarine to give it the under-water […]
New Delhi: India’s Defence Public Sector Undertakings (DPSUs) have a healthy order book worth Rs 2,31,981 crore ($32.5 billion) that could help them stay in business for a period ranging from two years to 10 years. The details of the order book for each of the DPSUs is […]
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 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 […]