Bangkok: India is committed to achieving $26-billion defence industry by 2025, Minister of Defence Rajnath Singh today said at an industry event here, exhorting global arms manufacturers to join the ‘Make in India’ initiative of the Narendra Modi government. Speaking at the ‘India Rising’ event, organised by the […]
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: The Indian Navy is planning to set up an Artificial Intelligence (AI) and Machine Learning (ML) lab for its Combat Management System (CMS) projects. The Indian Navy has invited a limited tender for setting up of the AI and ML lab for the CMS projects including […]
New Delhi: The Supreme Court of India had given a clear verdict on Dec. 14, 2018 on a petition seeking an inquiry into the procurement of 36 Rafale fighter aircraft. Today, the Supreme Court has categorically rejected the Review Petitions filed subsequently against the order, on merits, bringing […]
Snap Shot Court corrects previous judgment that had errors regading CAG report on Rafale Court says satisfied on Rafale pricing, which was marginally lower that earlier offer Court accepts ex-Congress chief Rahul Gandhi’s apology for politicising judgment New Delhi: The Supreme Court of India today rejected and dismissed […]
Bengaluru: India’s lone aircraft-maker Hindustan Aeronautics Limited (HAL) has posted a 32 per cent revenue growth in the second quarter of the current financial year compared to the same period in the last fiscal. The revenue from operations was Rs. 3,451 crore ($479 million) in the quarter ending […]
INS Hansa (Goa): India’s locally built Light Combat Aircraft‘s (LCA) naval variant has achieved the milestone of arrested landing during the night at the Shore Based Test Facility here on Nov. 12. The Defence Research and Development Organisation (DRDO) tweeted from its official handle on Twitter that the […]
New Delhi: India aims to fund 250 startups in the defence sector and achieve 50 tangible innovations over the next five years and is seeking approvals for Rs 500 crore ($70 million) budget for the programme, Defence Production Secretary Subhash Chandra said today. Chandra was addressing the inauguration […]
New Delhi: One of India’s four defence shipyards, Garden Reach Shipbuilders and Engineers Limited (GRSE), today successfully delivered a Fast Patrol Vessel (FPV) to the Indian Coast Guard. This is the second vessel in the series of five FPVs ordered by the Indian Coast Guard from GRSE. GRSE […]
New Delhi: India’s Minister of Defence Rajnath Singh today left for Russia on a three-day official visit, when the two nations are expected to sign deals for military spares involving their industries. Rajnath Singh will co-chair the 19th India-Russia Inter-Governmental Commission on Military and Military Technical Cooperation along […]
New Delhi: Exemptions under Customs Duty and Goods and Service Tax on defence equipment bought by Indian armed forces could save up to Rs 60,000 crore ($8.5 billion) of the military budget over a five-year period, the Economic Times reported today. This saving could be used by the […]
Mumbai: India’s government-owned Cochin Shipyard Limited has signed the Phase-3 contract for the construction of the Indigenous Aircraft Carrier. The announced led to the company (BSE: COCHINSHIP) witnessing a spike in prices of 5.28 per cent, closing at Rs. 409.5 on the Bombay Stock Exchange on Friday than […]
By N. C. Bipindra New Delhi: India is taking its fight against insurgents and terrorism in Jammu and Kashmir to the next level by deploying robots to do the work, in a bid to save human lives and to achieve accuracy in eliminating threats. The Indian Army today […]