Page 4 - Indian Defence Industry

Rs 90,048 crore allocated for defence modernisation in 2020-21: Report

An amount of Rs 90,048 crores has been allocated for capital acquisition (modernisation) of the armed forces under Defence Service Estimates in 2020-21

India hopes to ink deal for manufacturing Russia's Kamov Ka-226 helicopters

Indian Ambassador to Russia Venkatesh Varma on Monday said that India hopes to ink a deal for manufacturing Russia's Kamov Ka-226 helicopters in the country next year

More defence import embargoes soon, industry asked to step up

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

Why ban on India's $47-bn arms imports may not have the desired effect

The banned list is also vague on the position of joint-ventures between Indian and foreign manufacturers and license produced weapon systems

Why Atmanirbhar could be govt's biggest gift to Indian pvt sector in 30 yrs

Despite the largesse, however, it remains to be seen whether or Indian companies can shrug off the old habit of jugaad, tweaks and twists

Top headlines: Q1 earnings shrink, telcos await SC verdict on AGR and more

From auto firms planning new launches for festive season, Rajnath Singh banning import of defence items to telcos awaiting SC response of AGR dues, here are the top ness of the day

MoD invites suggestions, comments on 'Defence Acquisition Procedure 2020'

The second draft of the Defence Procurement Procedure, titled as 'Defence Acquisition Procedure 2020', has been uploaded by the MoD inviting suggestions and comments from the various stakeholders

DPIIT to approach govt for 74% FDI in defence through auto route: Report

As per the current FDI policy, 100 per cent overseas investments are permitted in the defence industry -- 49 per cent under the automatic route, while beyond that the government approval is required

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

Measures include negative import list, corporatisation of ordnance factories

PM Modi holds series of meetings to boost economy amid coronavirus crisis

He reviewed the state of investments, the defence and aerospace sector and the mine and mineral sector

Strategic shift: India asks private companies to firm up defence production

With defence budget stagnating and government agencies lagging in building weapon systems, India needs the private sector to fill up the production vacuum

Rajnath calls for increased synergy between DRDO, domestic defence industry

He asked the DRDO and industry to explore new ways for enhancing synergy to achieve the goal of self-sufficiency," a government press release said.

Defence Ministry allocates Rs 400 cr to set up testing facilities for MSME

75% of equipment at each unit to be financed by govt, rest to come from private investors; 6-8 facilities planned in south and north defence corridors

India committed to becoming a $26-bn defence industry by 2025: Rajnath

The Defence Ministry would fund 250 startups, 16 personal initiatives and five defence innovation hubs through the Defence Innovation Organisation in five years

Rajnath Singh calls on French defence industry to make in India

The minister addressed CEOs of leading French defence industries and called on them to collaborate in modernising India's shipyards and defence platforms through the infusion of technology

MoD spells out five-point plan for raising annual defence production

Defence production targeted to reach $26 billion annually by 2025

Announced in 2016, HAL's Goa helicopter MRO project to get MoD push

Former Defence Minister Manohar Parrikar had announced this project in October 2016

Last chance to get tech: Navy says negotiating next 6 subs to take years

Project 75-I, worth an estimated Rs 50,000 crore, will be India's last overseas submarine procurement and hence the last chance to obtain the technology for building the next 12 submarines

Defence industry got just $2.18 mn as foreign investment in FY 19: Govt

In 2014-15, 2015-16, and 2017-18, the sector attracted FDI worth $0.08 million, $0.10 million and $0.01 million, respectively, according to data given by Minister Piyush Goyal

Induction of new artillery guns shows promise for indigenous defence firms

Besides imported guns, a bouquet of indigenous guns awaits trials