Page 2 - Defence Exports

Bharat Forge's subsidiary to sell 155-mm artillery at $155 mn to Armenia

Export order to be executed over three-year time frame

The Rs 40,000-crore defence challenge

Boosting defence exports requires a major emphasis change. Instead of focusing on low-value consumables such as ammunition, India needs to concentrate on high-value, complex combat platforms

PM Modi sets target of Rs 40,000 cr in defence exports at DefExpo 22

Releases another import embargo list, unveils indigenous trainer aircraft designed by HAL; lays foundation stone of the new Deesa airfield in Gujarat

India signs deal with Armenia for export of missiles, weapon systems

Armenia is also set to get anti-tank rockets as well as a range of ammunition from India under the bundled deal

Defence exports up 334% in last 5 yrs, now exporting to 75 nations: Govt

Defence exports have grown by 334 per cent in the last five years and India is now exporting to over 75 countries due to collaborative efforts, the government said on Sunday. The Press Information Bureau (PIB) said in a tweet: "The Indian Defence sector, the second largest armed force is at the cusp of revolution." "Defence exports grew by 334 per cent in the last five years; India now exporting to over 75 countries due to collaborative efforts," it said. The PIB India Twitter handle also shared some data in a poster attached with the tweet to underline the indigenisation and boost of production in the defence sector. It mentioned the recent commissioning of India's first indigenous aircraft carrier INS Vikrant in Kochi. It also mentioned about the indigenous Advanced Light Helicopter Mk-III's squadron being commissioned into the Indian Coast Guard, and successful testing of new generation nuclear-capable ballistic missile 'Agni P'. Defence Secretary Ajay Kumar, during an interac

Garden Reach Shipbuilders soars 13%, hits new high on strong outlook

A strong order book for construction of 16 warships concurrently for Indian Armed Forces at this juncture holds exciting times ahead for the GRSE, the company said

Statsguru: Six charts explain India's arms import dependence

The problematic issue, though, is India's paltry share in the world's exports

A policy to replicate BrahMos' success

India's defence export policy did help in accelerating and convincing Manila about the merits of purchasing the BrahMos

India moving towards becoming significant defence exporter: PM Modi

Aligarh will work to safeguard the borders of India in the 21st century, Prime Minister Narendra Modi said here on Tuesday

Several nations have shown interest in buying Tejas aircraft: HAL chairman

HAL chairman Madhavan said that Tejas Mark 1A jet has superior performance levels compared to China's JF-17 combat aircraft as it has better engine, radar system and electronic warfare suit

Akash missile sale cleared, govt to approach China-wary nations

Focus will be on high-value defence platforms to achieve target of $5-billion annual exports

Govt okays export of Akash missile system, aims to hit $5 bn defence export

The Cabinet on Wednesday approved the export of Akash Missile System aiming to achieve the target of USD 5 billion of defence export and improve strategic relations with friendly foreign countries, said Defence Minister Rajnath Singh.The Union Cabinet was chaired by Prime Minister Narendra Modi. Akash is country's important missile with over 96 per cent indigenisation. Akash is a Surface-to-Air Missile with a range of 25 Kms. The missile was inducted in 2014 in Indian Air Force (IAF) and in 2015 in Indian Army.Singh said a committee for faster approvals for the export of such platforms has been created."Under the #AtmaNirbharBharat, India is growing in its capabilities of manufacturing wide variety of Defence platforms & missiles. The Cabinet chaired by PM @narendramodi ji today approved the export of Akash Missile System and a Committee for faster approvals has been created," Singh said in a tweet.The decision by the Cabinet would help the country to improve its defence ...

Untangling regulations: Defence on Make in India drive; FDI cap hiked

Measures include negative import list, corporatisation of ordnance factories

HAL plans logistics bases in Malaysia, Vietnam, Indonesia and Sri Lanka

HAL Chairman said the company is seriously focusing on boosting exports in sync with the government's priority to sell key platforms like Tejas, attack helicopter Rudra

India's annual defence exports to touch Rs 35,000 cr by 2024: Rajnath Singh

Singh also said he has no doubt about India emerging as among the three major economies of the world by 2030 and the defence industries will have an important role to play

Cracking defence exports

Forces should first induct indigenous weaponry

DefExpo: $5 bn defence export target to be achieved by 2024, says Rajnath

Addressing an event at DefExpo-2020, he said the Centre's policy for the sector has begun delivering results

India pitches its defence, aerospace products to foreign countries

New Delhi considers exports essential for meeting the DPrP-2018 target of making India one of the world's top five defence producers by 2025

Single agency being set up to process defence exports

The association will effectively be a nodal agency for receiving and processing export inquiries from all prospective customers across the globe.

India exporting defence equipment to friendly countries: Defence Ministry

India had produced defence-related equipment worth Rs 80,000 crore in 2018-19, of which Rs 11,000-crore worth armaments were exported