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India's Defence Production Hits Record High Of Rs 1.27 Lakh Crore In 2023
India's annual defence production has hit a record high of approximately Rs 1.27 lakh crore in 2023-24, with the Make in India programme crossing new milestones, Defence Minister Rajnath Singh said today.
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6 Homegrown Submarines For Rs 43,000 Crore In Big 'Make In India' Boost
A 'Make in India' project worth Rs 43,000 crore to build six conventional submarines has been cleared by the Defence Acquisition Council, headed by Defence Minister Rajnath Singh, the government said in a statement on Friday.
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Defence Procurement Norms Simplified In A Bid To Give Boost To "Make In India"
The Defence Ministry has simplified procurement norms to encourage local manufacturing in defence sector and reduce the dependence on imported equipment, Defence Minister Nirmala Sitharaman said today.
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DRDO Has A Key Role In Realising PM's 'Make In India' Vision: Defence Minister Nirmala Sitharaman
Defence Minister Nirmala Sitharaman has said that the Defence Research and Development Organisation or DRDO has a great role in realising the 'Make in India' vision of Prime Minister Narendra Modi.
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Indian Navy Signs Deal With Tata Power SED For Portable Diver Detection Sonar
Tata Power Strategic Engineering Division will supply the Indian Navy with Portable Diver Detection Sonar or the PDDS, which will enhance its underwater surveillance capability.
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Sweden's Saab Ties Up With Adani To Bid For Fighter Jet Deal
Sweden's Saab is tying up with the Adani Group to bid for defence deals in India, with a focus on the Gripen fighter jet aircraft, its chief executive Hakan Buskhe told reporters in New Delhi on Friday.
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Israel Aerospace Industries Bags $630 Million Missile Deal For Indian Navy
State-owned Israel Aerospace Industries said today that it has won an additional, $630 million contract to supply air and defence missile systems for four ships of the Indian navy. The contract will be carried out with Bharat Electronics Ltd, which serves as the main contractor in the project as part of India's "Make in India" policy.
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Government Finalises Defence Policy For Bigger Role Of Private Sector
The Defence Acquisition Council's policy will be implemented in a few select segments to begin with, such as fighter aircraft, submarines, armoured vehicles and helicopters.
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Long-Delayed Plan To Select Firms To Boost India's Defence Manufacturing Presented
India presented a long-delayed plan to industry officials on Thursday for selecting private arms manufacturers to help build an indigenous defence industry, a government document seen by Reuters showed.
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World Buys More Weapons Than Ever Before, India Tops List
Global arms sales over the last five years reached their highest level since 1990, with India continuing to top the charts as the world's largest defense importer, a report from the Stockholm International Peace Research Institute has found.
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Indian Defense Firms Using Global To Go Local Under Prime Minister Narendra Modi's Plan
A handful of companies are seeking to become the Boeings and Lockheed Martins of India, collaborating with global defense manufacturers to locally build advanced military hardware.
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Swedish Defence Firm Saab Offers High-Tech Jet Production Hub To India
Swedish defence giant Saab has offered to build a state-of-the-art fighter jet factory in India should it seal a lucrative deal to supply hundreds of military jets to New Delhi.
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Rajnath Singh Pitches For Incentives In Defence Manufacturing
Union Home Minister Rajnath Singh today pitched for providing incentives in defence manufacturing saying foreign companies are not only interested in investing in India but also ready to transfer technologies.
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Not Possible To Achieve 100 Per Cent Self-Reliance In Defence: Manohar Parrikar
It is not possible to achieve 100 per cent self-reliance in defence production as certain components required in limited numbers have to be purchased off-the-shelf to save money, the Lok Sabha was informed today.
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Indian, Israeli Companies Join Hands For 'Make In India'
More than 25 Indian and over 100 Israeli companies will gather later this month for a business seminar on defence and security in Israel, it was announced here on Friday.
-
India's Defence Production Hits Record High Of Rs 1.27 Lakh Crore In 2023
India's annual defence production has hit a record high of approximately Rs 1.27 lakh crore in 2023-24, with the Make in India programme crossing new milestones, Defence Minister Rajnath Singh said today.
-
6 Homegrown Submarines For Rs 43,000 Crore In Big 'Make In India' Boost
A 'Make in India' project worth Rs 43,000 crore to build six conventional submarines has been cleared by the Defence Acquisition Council, headed by Defence Minister Rajnath Singh, the government said in a statement on Friday.
-
Defence Procurement Norms Simplified In A Bid To Give Boost To "Make In India"
The Defence Ministry has simplified procurement norms to encourage local manufacturing in defence sector and reduce the dependence on imported equipment, Defence Minister Nirmala Sitharaman said today.
-
DRDO Has A Key Role In Realising PM's 'Make In India' Vision: Defence Minister Nirmala Sitharaman
Defence Minister Nirmala Sitharaman has said that the Defence Research and Development Organisation or DRDO has a great role in realising the 'Make in India' vision of Prime Minister Narendra Modi.
-
Indian Navy Signs Deal With Tata Power SED For Portable Diver Detection Sonar
Tata Power Strategic Engineering Division will supply the Indian Navy with Portable Diver Detection Sonar or the PDDS, which will enhance its underwater surveillance capability.
-
Sweden's Saab Ties Up With Adani To Bid For Fighter Jet Deal
Sweden's Saab is tying up with the Adani Group to bid for defence deals in India, with a focus on the Gripen fighter jet aircraft, its chief executive Hakan Buskhe told reporters in New Delhi on Friday.
-
Israel Aerospace Industries Bags $630 Million Missile Deal For Indian Navy
State-owned Israel Aerospace Industries said today that it has won an additional, $630 million contract to supply air and defence missile systems for four ships of the Indian navy. The contract will be carried out with Bharat Electronics Ltd, which serves as the main contractor in the project as part of India's "Make in India" policy.
-
Government Finalises Defence Policy For Bigger Role Of Private Sector
The Defence Acquisition Council's policy will be implemented in a few select segments to begin with, such as fighter aircraft, submarines, armoured vehicles and helicopters.
-
Long-Delayed Plan To Select Firms To Boost India's Defence Manufacturing Presented
India presented a long-delayed plan to industry officials on Thursday for selecting private arms manufacturers to help build an indigenous defence industry, a government document seen by Reuters showed.
-
World Buys More Weapons Than Ever Before, India Tops List
Global arms sales over the last five years reached their highest level since 1990, with India continuing to top the charts as the world's largest defense importer, a report from the Stockholm International Peace Research Institute has found.
-
Indian Defense Firms Using Global To Go Local Under Prime Minister Narendra Modi's Plan
A handful of companies are seeking to become the Boeings and Lockheed Martins of India, collaborating with global defense manufacturers to locally build advanced military hardware.
-
Swedish Defence Firm Saab Offers High-Tech Jet Production Hub To India
Swedish defence giant Saab has offered to build a state-of-the-art fighter jet factory in India should it seal a lucrative deal to supply hundreds of military jets to New Delhi.
-
Rajnath Singh Pitches For Incentives In Defence Manufacturing
Union Home Minister Rajnath Singh today pitched for providing incentives in defence manufacturing saying foreign companies are not only interested in investing in India but also ready to transfer technologies.
-
Not Possible To Achieve 100 Per Cent Self-Reliance In Defence: Manohar Parrikar
It is not possible to achieve 100 per cent self-reliance in defence production as certain components required in limited numbers have to be purchased off-the-shelf to save money, the Lok Sabha was informed today.
-
Indian, Israeli Companies Join Hands For 'Make In India'
More than 25 Indian and over 100 Israeli companies will gather later this month for a business seminar on defence and security in Israel, it was announced here on Friday.
