Don’t miss the latest developments in business and finance.

Defence Indigenisation Plan

Senior defence officials said the rise of the private sector industry in the field of ammunition has helped the force in a big way to achieve this

Updated On: 17 May 2024 | 2:59 PM IST

The project will generate employment of two and half lakh man-days over a period of four years with the participation of more than 155 industry partners, including MSMEs, the company said

Updated On: 14 Feb 2024 | 7:44 AM IST

India is moving "fast and steady" in defence production and so far indigenised 2,920 defence items out of 4,666 listed items, Director (DIP), Department of Defence Production, Amit Satija said on Wednesday. He was speaking on the topic ' Enhancing the participation of MSMEs in the Defence sector' at a state-level conclave of Defence MSMEs in Nagpur, organised by the FICCI (Federation of Indian Chambers of Commerce & Industry). Satija said multiple initiatives have been undertaken by the Ministry of Defence, especially the Department of Defence Production. "Out of 4,666 defence items, including assemblies, sub-assemblies, raw materials, critical spares and components etc, which were listed for indigenisation, 2,920 items have already been indigenised," he said. Referring to the Make-1 and Make-2 categories, Satija said several industry-friendly provisions are built in, such as relaxation in the eligibility criteria, minimal documentation, and other provisions for considering ...

Updated On: 31 Jan 2024 | 9:35 PM IST

The Army wants the crafts to be able to come in and out of water bodies without using a jetty. It is also moving ahead with a plan to buy six fast patrol boats

Updated On: 17 Oct 2023 | 4:37 PM IST

An indigenously developed heavy-weight torpedo of the Indian Navy successfully engaged an underwater target that was described by the force as a "significant milestone". In a brief statement, the Indian Navy said on Tuesday that the torpedo's engagement of the target reflected its commitment to "future proof combat readiness" through self-reliance. "Successful engagement of an underwater target by an indigenously developed heavy weight torpedo is a significant milestone in Indian Navy's and the Defence Research and Development Organisation's quest for accurate delivery of ordnance on target in the underwater domain," it said. "This showcases our commitment to future proof combat readiness through Aatma Nirbharta (self-reliance)," the Navy said. In the last few years, the Navy has been focusing on bolstering its combat readiness, especially in the Indian Ocean in view of Chinese Navy's growing forays into the region.

Updated On: 06 Jun 2023 | 8:50 PM IST

Shares of Hindustan Aeronautics (HAL), Mazagon Dock Shipbuilders, MTAR Technologies, Bharat Electronics (BEL), and Bharat Dynamics (BDL) have skyrocketed up to 160 per cent in a year

Updated On: 24 May 2023 | 12:34 PM IST

Defense ministry achieves indigenisation targets with a cumulative import substitution value of Rs 2,570 crore, marking a milestone towards 'Aatmanirbharta'

Updated On: 16 May 2023 | 8:31 PM IST

The MoD has also notified three PILs as regards DPSUs, comprising 3,738 major LRUs, sub-systems, assemblies, spares, and components, each with an embargo on their import from defined timelines

Updated On: 14 May 2023 | 9:37 PM IST

The Defence Research and Development Organisation and the Indian Navy conducted a successful trial of an air droppable container with a 150 kg payload capability. The container was dropped from an IL 38SD aircraft, according to the defence ministry. The maiden trial was conducted off the coast of Goa on April 27, it said in a statement. "The trial was conducted to enhance the naval operational logistics capabilities by providing quick response to meet the requirement of critical engineering stores to ships which are deployed more than 2,000 kms from the coast. It reduces the requirement of ships to come close to the coast to collect spares and stores," the ministry said in a statement. Three DRDO laboratories - Naval Science and Technological Laboratory (NSTL), Visakhapatnam; Aerial Delivery Research & Development Establishment (ADRDE), Agra and Aeronautical Development Establishment (ADE), Bengaluru have been involved in the development of the container. "The crucial flight ...

Updated On: 01 May 2023 | 11:31 PM IST

Army Chief General Manoj Pande said that the Russia-Ukraine war has made it critical for countries to establish indigenous production and reduce import dependence

Updated On: 21 Oct 2022 | 11:05 AM IST

The growth has come on the back of healthy growth in the order books of defence companies amid the government's focus on indigenisation and surge in exports

Updated On: 12 Oct 2022 | 10:17 PM IST

The Defence Public Sector Undertakings (DPSUs) said on Friday that the 72 out of 214 items have been indigenised by the DPSUs well before their original indigenisation timeline.

Updated On: 08 Oct 2022 | 7:56 AM IST

An analysis of defence capex over the past 12 years shows a noticeable shift towards indigenisation

Updated On: 29 Sep 2022 | 10:11 PM IST

In a major push towards defence indigenisation, Rajnath Singh will on Thursday unveil 3rd list of over 100 military systems and weapons that will be put under import restrictions

Updated On: 06 Apr 2022 | 6:56 PM IST

The iDEX initiative was launched by Prime Minister Narendra Modi in April 2018, with the aim of fostering innovation and technology development in defence and aerospace

Updated On: 13 Jun 2021 | 11:10 PM IST

This is first case processed under strategic partnership model

Updated On: 05 Jun 2021 | 1:29 AM IST

In the absence of robust technological and project management structures, MoD's indigenisation drive will remain questionable

Updated On: 03 Jun 2021 | 10:36 PM IST

This list supplements an earlier import embargo on 101 defence items announced last August

Updated On: 31 May 2021 | 10:46 PM IST

Sanctioned in September 2012, the ATAGS gun first fired in December 2016, taking just four years in development

Updated On: 13 Nov 2020 | 6:10 AM IST

Army spells out four kinds of equipment it wants to be made by domestic manufacturers

Updated On: 18 Aug 2020 | 12:28 AM IST