By A Correspondent New Delhi: India’s biennial event DefExpo next month in Gandhinagar, Gujarat will be an Indian companies-only exhibition this time, the Ministry of Defence said today. The event shall focus on building businesses for Indian companies and to boost exports of aerospace and defence equipment by […]
New Delhi: India today listed a total of 23 global and domestic aerospace and defence companies that are barred or suspended from doing business since at least 2006. In a mandatory notification, the Ministry of Defence listed globally well-known companies such as the Agusta Westland International Limited from […]
New Delhi: India‘s Minister of Defence Rajnath Singh today invited American companies to invest in the nation and contribute in making for the world from the Indian soil, as envisioned by Prime Minister Narendra Modi. Rajnath Singh said, at the 18th India-US Economic Summit organised by the Indo-American […]
(Editor’s Note: Updated with India’s Minister of Defence Rajnath Singh’s remarks on likely value of contract in paragraph two at 12.30 pm on Sep. 9, and with Airbus statement in paragraph eight and a backgrounder from paragraph 20 at 10 pm on Sep. 8.) By N. C. Bipindra […]
New Delhi: India today said it has signed a $184-million contract with domestic firm Mahindra Defence Systems Limited to supply 14 anti-submarine warfare system to its navy. The contract, worth Rs 1,340 crore in Indian currency, was signed here under the ‘Buy and Make (Indian)‘ category of defence […]
By N. C. Bipindra New Delhi: India today issued a much-awaited tender documents to two major local shipyards to compete for bagging the $5.9-billion contract for six futuristic attack submarines for the navy. This tender kicks off what is the first-ever defence procurement project under the Strategic Partnership […]
New Delhi: India today approved a navy proposal to float a $5.9-billion tender for locally building next generation attack submarines with foreign help, for which state-run Mazagon Dock Shipbuilders Limited (MDL) and Larsen & Toubro Limited (L&T) are set to compete. The Defence Acquisition Council (DAC) of the […]
New Delhi: India has begun a search for a foreign vendor to meet its requirement for at least 1,770 future battle tanks, for induction beginning 2030, to meet threats from both China and Pakistan. The Indian Army today issued a Request for Information, third since 2015, to Foreign […]
(Editor’s Note: The views are that of the author’s. For the writer’s other interests, read the credit line at the end of the article.) By Rajiv Chib A resurgence of COVID-19 cases in India has forced domestic defence companies to reintroduce strict restrictions. It again threatens to increase […]
Larsen & Toubro’s whole-time director and senior executive vice president (defence and smart technologies) J. D. Patil, in this exclusive interview, tells Defence.Capital editor N. C. Bipindra that lack of warship building orders is killing India’s private sector shipyards. Ques. Please provide our readers with an overview of […]
(Editor’s Note: The views are that of the author’s. For the writer’s other interests, read the credit line at the end of the article.) By Vishal Nigam In a country as diversified as India, contribution of Micro, Small and Medium Enterprises (MSMEs) to domestic production is unique and […]
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 […]
By N. C. Bipindra New Delhi: India signing a deal for 93,895 Close Quarter Battle carbines will be a key milestone for United Arab Emirates‘ CARACAL to invest 49 per cent in a Joint Venture with a domestic manufacturer with full technology transfer, the company’s top executive has […]
New Delhi: Just a week after India‘s new defence procurement rules came into force, the Narendra Modi government today said it has abolished the Banking Offset provisions for arms deals with foreign companies worth over Rs 2,000 crore (~$273 million), where offset is mandatory. The Ministry of Defence, […]
(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 […]
