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 […]
By N. C. Bipindra New Delhi: After a 15-year quest to have at least a dozen modern minesweepers in its fleet, India‘s navy has now launched a global search for a vendor to supply 10 Portable Underwater Vehicle for Explosive Ordnance Disposal, basically a two-man operated midget-sized autonomous […]
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 — […]
