By John Spencer India’s transformation into a modern defence power began in 2014, when Prime Minister Modi launched the “Make in India” initiative. The goal was clear: reduce dependence on foreign arms imports and build a world-class domestic defence industry. The policy incentivised joint ventures, opened the defence […]
By N. C. Bipindra New Delhi: Sweden’s Saab announced today that it is setting up a production facility in India for its legendary Carl-Gustaf shoulder-fired recoilless rifle’s latest variant through the 100 percent Foreign Direct Investment route. The Swedish defence firm’s senior officials said they were hopeful of […]
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: 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 […]
(Editor’s Note: This is a partnered post for a television show series that Defence.Capital is a part of.) Atmanirbhar Bharat, a clarion call given by Prime Minister Narendra Modi, seeks to put India on a path of self-reliance and self-sufficiency, making the nation a bigger and more important […]
Boeing Defence India managing director Surendra Ahuja tells Defence.Capital editor N. C. Bipindra that to fully achieve the objectives of ‘Make in India’, the country needs to provide positive incentives to Original Equipment Manufacturers towards investments in the development and growth of the local aerospace and defence ecosystem, […]
New Delhi: India will host the AeroIndia-2021 air show in Bengaluru only on business days from Feb. 3 to 5, to conform to global COVID-19 pandemic safety standards and precautions. Minister of Defence Rajnath Singh, who carried out a review of the air show preparations, directed the organisers, […]
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 […]
(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: To provide an impetus to self-reliance theme of Prime Minister Narendra Modi, India today made public a draft Defence Production and Export Promotion Policy 2020, reiterating the already stated policy guidelines such as arms manufacturing target of Rs 175,000 crore ($25 billion), including Rs 35,000 crore […]
By Amit Agnihotri New Delhi: Prime Minister Narendra Modi today pitched India as one of the most attractive global investment destination and urged American multinational companies and corporate sector to pump in money into key sectors such as defence, aviation, infrastructure, technology, agriculture and other manufacturing industries. Modi […]
New Delhi: India’s top officer responsible for defence acquisition has just dropped the bomb: The recently announced hike in the country’s Foreign Direct Investment (FDI) norms to 74 per cent will not apply to the Strategic Partnership programmes that the armed forces are pursuing. This is big — […]
New Delhi: India’s defence procurement decision-makers are a confused lot. If one proposes, the other disposes, and the process of indecisiveness repeats itself for years, frustrating the acquisition plans. In a sign of things to come, the Indian air force chief has contradicted Chief of Defence Staff General […]
New Delhi: India’s finance minister Nirmala Sitharaman today announced the hike in the Foreign Direct Investment (FDI) limit in the nation’s defence sector to 74 per cent from the existing 49 per cent automatic route, as a measure to tide over the economic slowdown in view of the […]
Hazira (Gujarat): India’s Minister of Defence Rajnath Singh today flagged off the 51st K9 VAJRA-T howitzers for the Indian Army manufactured by Larsen & Toubro (L&T) at its facility here, marking a success in the ‘make in India’ project for the South Korean-origin weapon system. At the ceremony, […]
