Make in India: Defence manufacturing push, projects & need explained
2 years, 7 months ago

Make in India: Defence manufacturing push, projects & need explained

The Hindu  

With India’s defence deals with Russia in a quandary amid the Russia-Ukraine war, the Centre has stressed on a renewed push for indigenous manufacturing of defence equipment, urging foreign and domestic companies alike to invest in India. In the backdrop of the India-U.S. 2+2 dialogue, Mr. Singh invited U.S. companies to invest in India, saying “US-India relationship is built on foundational bilateral agreements, military to military engagements, cooperation in enhancement of defence capabilities and now a new emphasis on co-development and co-production.” What is the Centre’s ‘Make in India’ push in Defence? Pushing for ‘Aatmanirbhar Bharat’, the Ministry of Defence has signed more than 180 contracts with the Indian industry between June 2014 and December 2019, worth approximately $25.8 billion, under the ‘Make in India’ scheme. Currently, India’s defence and aerospace manufacturing market is worth Rs 85,000 crore with a private investment of Rs 18,000 crores. The key projects under this scheme include setting up of defence corridors in Uttar Pradesh and Tamil Nadu, and testing of indigenous defence products like Akash Surface to Air Missile System, Dhanush Artillery Gun system, Medium Range Surface to Air Missile, Agni-5, BrahMos, Pinaka Mk-I Rocket System and Pinaka Area Denial Munition rocket systems, helicopter-launched Anti-Tank Guided Missile ‘HELINA’.

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History of this topic

Is India profiting from Russia-Ukraine War?
1 week, 1 day ago

Is India profiting from Russia-Ukraine War?

India Today  

What’s driving the fiercest battles across the globe? From the brutal trenches of Ukraine to NATO’s growing defence requirements, the artillery boom is reshaping the global defence landscape—and India is positioning itself at its very centre. Estonia’s Strategic Partnership with India Estonia, a NATO member that consistently meets its 2% defence spending target, is emerging as a key ally in …

India faces further delay in getting final S-400 Russian air defence system
Trending News
1 month, 1 week ago

India faces further delay in getting final S-400 Russian air defence system

India Today  

India is bracing for a longer-than-anticipated wait for the remaining two units of the Russian S-400 Triumf air defence system. The procurement of the S-400 air defence system, widely regarded as one of the most advanced in the world, was finalised in 2018 when India and Russia signed a $5.43 billion deal for five units. The induction of these units …

India's Defence Exports Soar, with US, France and Armenia Top Buyers
1 month, 3 weeks ago

India's Defence Exports Soar, with US, France and Armenia Top Buyers

Firstpost  

India's defense exports reach a record high of $2.6 billion in 2023-24, with the US, France and Armenia ranking as the top three buyers. Armenia has emerged as India's biggest client of 'finished' weapon systems, including Akash air defense missile systems, Pinaka multi-launch rocket systems and 155mm artillery guns.

India's Defence Production Hits ₹1.27 Lakh Cr
2 months, 4 weeks ago

India's Defence Production Hits ₹1.27 Lakh Cr

Deccan Chronicle  

New Delhi:India's defence production reached a record high of ₹1.27 lakh crore in 2023-24, with exports of military hardware and weapons to over 90 countries, defence minister Rajnath Singh announced on Wednesday. The 'Make in India' programme, introduced under Prime Minister Narendra Modi’s leadership, has driven significant reforms across sectors, particularly in defence, according to Singh. He highlighted the country's …

India has made strides to further self-reliance in defence: Modi
4 months, 1 week ago

India has made strides to further self-reliance in defence: Modi

Hindustan Times  

New Delhi: In his 98-minute Independence Day speech delivered on Thursday morning from the Red Fort, Prime Minister Narendra Modi captured the strides made by India to further self-reliance in the critical defence manufacturing sector and how the country had gradually transformed itself from being an importer of military hardware to an exporter. Prime Minister Narendra Modi addressed the nation …

India was victim of terror attacks but now Armed Forces giving a befitting reply, says PM Modi
4 months, 1 week ago

India was victim of terror attacks but now Armed Forces giving a befitting reply, says PM Modi

New Indian Express  

India is attaining ‘Aatmanirbharta’ in defence and is emerging as a global manufacturing hub due to the steps taken by the Government in the last few years. He lauded the Ministry of Defence and the Armed Forces for taking a series of decisions, including the notification of a number of positive indigenisation lists, wherein there are over 5,600 items that …

India on course to clock defence exports worth ₹50k crore by 2028-29: Officials
4 months, 1 week ago

India on course to clock defence exports worth ₹50k crore by 2028-29: Officials

Hindustan Times  

New Delhi: India is on course to achieve its defence export target of Rs.50,000 crore in the next five years, defence ministry officials said on Sunday, citing export data shared by the government for the first quarter of financial year 2024-25. Akash missile is developed by the DRDO and produced by Bharat Dynamics Limited The data shared a day earlier …

India defence budget 2024: ₹6.21 lakh crore allocated; minister Rajnath Singh reacts
5 months ago

India defence budget 2024: ₹6.21 lakh crore allocated; minister Rajnath Singh reacts

Hindustan Times  

India has set aside ₹6,21,940 crore for defence spending in the Union Budget 2024-25 – up from last year's outlay of ₹5.94 lakh crore – finance minister Nirmala Sitharaman announced as she presented the Union Union Budget 2024 on Tuesday. The total allocation to the defence sector is 12.9 per cent of the total budget of the government of India …

At ₹1.27 lakh crore, India’s defence production hits a new high
5 months, 2 weeks ago

At ₹1.27 lakh crore, India’s defence production hits a new high

Hindustan Times  

NEW DELHI: India recorded the highest ever growth in the value of local defence production in the financial year 2023-24 on the back of enabling policy measures, with the figure reaching almost ₹1.27 lakh crore, defence minister Rajnath Singh announced on Friday. Defence minister Rajnath Singh said the value of production has reached ₹ 1,26,887 crore in 2023-24, 16.8% higher …

Defence Production Hits Record High of Nearly Rs 1.27 Lakh Crore in 2023-24: MoD
5 months, 2 weeks ago

Defence Production Hits Record High of Nearly Rs 1.27 Lakh Crore in 2023-24: MoD

News 18  

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 on Friday. “The Ministry of Defence has achieved the highest-ever growth in indigenous defence production in value terms during financial year 2023-24, on the back of successful implementation of …

Big boost for defence sector as production goes up by 16%, highest-ever growth
5 months, 2 weeks ago

Big boost for defence sector as production goes up by 16%, highest-ever growth

India TV News  

Defence Minister Rajnath Singh on Friday said the country has registered the highest-ever growth in the value of defence production in 2023-24, and that the Make in India programme is crossing new milestones. In a release, M0D said, "Ministry of Defence has achieved the highest-ever growth in indigenous defence production in value terms during Financial Year 2023-24, on the back …

Rajnath Singh says India registered highest ever growth in value of defence production in 2023-24
5 months, 2 weeks ago

Rajnath Singh says India registered highest ever growth in value of defence production in 2023-24

The Hindu  

The country recorded its highest-ever growth in indigenous defence production in value terms during Financial Year 2023-24, the defence ministry announced on Friday. As per the data received from all Defence Public Sector undertakings, other PSUs manufacturing defence items and private companies, the value of defence production in the country has gone up to a record-high figure of ₹1,26,887 crore, …

Indian Army progressing Rs 6,800 crore indigenous shoulder-fired missile projects for China, Pakistan borders
8 months ago

Indian Army progressing Rs 6,800 crore indigenous shoulder-fired missile projects for China, Pakistan borders

India TV News  

The Indian Army is progressing two cases worth over Rs 6,800 crore for developing Very Short Range Air Defence Systems indigenously amid shortages in the inventory of shoulder-fired missiles to tackle aerial threats on borders with China and Pakistan. Defence Ministry officials said the current VSHORAD missiles in the inventory of the Indian Army and Indian Air Force are all …

Diplomacy with a defence angle
8 months, 1 week ago

Diplomacy with a defence angle

Hindustan Times  

New Delhi’s move to appoint defence attachés in several foreign missions is of a piece with India’s rising economic clout and its self-perception as a leader of the Global South. A third factor that provides context to the decision is India’s focus on self-reliance in defence production, which is focussed not only on restricting imports but also on exporting Indian …

Tata Group companies to invest ₹2,300 crore in manufacturing hub in Karnataka
10 months ago

Tata Group companies to invest ₹2,300 crore in manufacturing hub in Karnataka

Live Mint  

Tata Group subsidiaries, Air India and Tata Advanced Systems, are set to invest ₹2,300 crore in Karnataka, towards establishing a Maintenance Repair and Overhaul facility in Bengaluru, envisioning the city as the aviation hub of South India, PTI reported on February 19. Air India's Ambitious Plans Air India, which will establish the MRO facility in Bengaluru with an investment of …

Budget 2024: Govt to focus on Make in India initiative to boost manufacturing
11 months ago

Budget 2024: Govt to focus on Make in India initiative to boost manufacturing

India TV News  

To incentivise the manufacturing sector and generate employment, the government may extend the scope of the Production-Linked Incentive scheme in the upcoming budget. Zameer Malik, CEO of Kulsum's Kaya Kalp, said that the government is expected to continue prioritizing capital expenditure, particularly in the infrastructure sector, to drive economic growth. Gurmit Singh Arora, president of the Indian Plumbing Association, said …

Three Indian PSUs among top 100 arms manufacturers in world: SIPRI
1 year ago

Three Indian PSUs among top 100 arms manufacturers in world: SIPRI

Firstpost  

Indian defence public sector undertakings such as Hindustan Aeronautics, Bharat Electronics and Mazagon Docks secured positions in the list of the top 100 arms-producing companies. In 2022, global sales of arms and military services by the top 100 armament companies reached $597 billion, experiencing a significant surge in demand driven by Russia’s invasion of Ukraine and escalating geopolitical tensions. The …

Air Force to bolster 'Make in India in Defence' with projects worth Rs 3 lakh crore
1 year, 2 months ago

Air Force to bolster 'Make in India in Defence' with projects worth Rs 3 lakh crore

India Today  

The Indian Air Force, led by Air Chief Marshal Vivek Ram Chaudhari, is fully supporting the Narendra Modi government's flagship ‘Make in India in defence sector’ with a program to execute projects worth over Rs 3 lakh crore in the next five years. This indigenous upgrade will involve joint efforts by Hindustan Aeronautics Limited and the Indian Air Force, equipping …

Indian Defence exports breach Rs 16000 crore mark to reach an all time high
1 year, 3 months ago

Indian Defence exports breach Rs 16000 crore mark to reach an all time high

Op India  

Looking to expand the Make in India in defence sector, India’s defence exports have skyrocketed to an all-time high, touching nearly the Rs 16,000 cr mark in FY 2022-23, Defence Ministry said on Friday. “With a 23-fold increase in exports, Indian design and development capabilities are reaching over 85 countries,” the Defence Ministry announced. The Indian indigenous defence industry has …

Karnataka sets defence exports target of ₹25,000 crore by 2025
1 year, 3 months ago

Karnataka sets defence exports target of ₹25,000 crore by 2025

The Hindu  

Karnataka has set an ambitious target to nearly double its defence exports to ₹25,000 crore by 2025, said Large and Medium Industries Minister M.B. Speaking at the 36th National Convention of Aerospace Engineers and National Seminar on “SPACE - Boundless Opportunities”, hosted by the Karnataka State Centre of the Institution of Engineers, he said the State was also aiming to …

Russia supplying S-400 air defence systems to India on schedule: defence official
1 year, 4 months ago

Russia supplying S-400 air defence systems to India on schedule: defence official

The Hindu  

Russia will deliver an order of S-400 anti-aircraft systems to India within the agreed timeframe, Interfax news agency quoted a senior Russian defence export official on Monday as saying. India is the world's biggest arms importer and still mostly uses Russian technology for traditional arms, but officials in New Delhi have expressed concern that Russia's war in Ukraine could delay …

From jet engines to RPAS: How US is sharpening India’s edge in defence
1 year, 5 months ago

From jet engines to RPAS: How US is sharpening India’s edge in defence

Hindustan Times  

The upcoming mega deals with the United States for jet engines and weaponised remotely piloted aircraft systems have turned the spotlight on the US’s role in equipping the Indian military with modern weapons and systems, the capability boost it has provided to the armed forces, and the country’s attempts to diversify its arms purchases, officials aware of the matter said …

BrahMos missiles, drones to be manufactured in UP defence corridor: Rajnath Singh
1 year, 6 months ago

BrahMos missiles, drones to be manufactured in UP defence corridor: Rajnath Singh

Deccan Chronicle  

Lucknow: Defence Minister Rajnath Singh said that BrahMos missiles, drones, electronic warfare systems and aircraft will be manufactured and assembled in the Uttar Pradesh defence corridor. Drones/UAVs, Electronic warfare, Aircraft and BrahMos missiles will be manufactured and assembled in this corridor," Rajnath Singh told the gathering at the event He also informed that so far, a total investment of about …

Defence production crosses ₹1 lakh crore for first time
1 year, 7 months ago

Defence production crosses ₹1 lakh crore for first time

The Hindu  

The value of defence production in Financial Year 2022-23 has crossed the figure of ₹1 lakh crore for the first time ever, according to the Defence Ministry. “The value currently stands ₹1,06,800 crore and it will go further up once the data is received from the remaining private defence industries,” a Defence Ministry statement said. “The current value of defence …

Defence exports log tenfold jump since 2016, nearly ₹16k-cr
1 year, 8 months ago

Defence exports log tenfold jump since 2016, nearly ₹16k-cr

Hindustan Times  

Making its presence felt in the highly competitive global defence market, India exported military hardware worth ₹15,920 crore in financial year 2022-23, the highest ever and a notable tenfold increase since 2016-17, with Prime Minister Narendra Modi on Saturday attributing the surge to enthusiasm for Make in India, and key reforms to spur growth in the sector. In a massive …

India's defence exports reach all-time high of nearly Rs 16,000 crore in 2022-23
1 year, 8 months ago

India's defence exports reach all-time high of nearly Rs 16,000 crore in 2022-23

India Today  

India's defence exports reached an all-time high of Rs 15,920 crore in the financial year 2022-23, over a 10-times increase since 2016-17. The rising defence exports and participation of 104 countries in Aero India 2023 are proof of India’s growing defence manufacturing capabilities. A clear manifestation of India’s talent and the enthusiasm towards ‘Make in India.’ It also shows the …

Russia Remains India's Primary Arms Supplier But Imports Plunge Sharply
1 year, 9 months ago

Russia Remains India's Primary Arms Supplier But Imports Plunge Sharply

ABP News  

Russia is still India’s primary source of weapons even as the country has drastically trimmed purchases, according to report by news agency Bloomberg. Arms and ammunitions imports from Russia declined by 19 per cent for the five year period starting 2018 compared to a present time frame, according to a report from the Stockholm International Peace Research Institute, an independent …

India exported military hardware worth ₹13,399 crore in current fiscal: MoS Defence
1 year, 9 months ago

India exported military hardware worth ₹13,399 crore in current fiscal: MoS Defence

The Hindu  

India exported military hardware worth ₹13,399 crore till March 6 in the current fiscal, a significant increase from just ₹4,682 crore in 2017-18, according to official data. Mr. Bhatt said the total defence exports in 2021-22 stood at ₹12,815 crore while it was ₹8,435 crore in 2020-21, ₹9,116 crore in 2019-20 and ₹ 10,746 crore in 2018-19. The Minister said …

Five S-400 regiments expected to be delivered by early-2024
1 year, 9 months ago

Five S-400 regiments expected to be delivered by early-2024

The Hindu  

Deliveries of five regiments of S-400 air defence systems under a $5.43 billion deal with Russia are expected to be completed by year end or early 2024, according to official sources. However, issues of delayed payments as well as insurance and reinsurance remain major stumbling blocks delaying deals in the pipeline, an issue that would be in focus during Russian …

DC Edit | 75% domestic purchasing of defence gear laudable target
1 year, 10 months ago

DC Edit | 75% domestic purchasing of defence gear laudable target

Deccan Chronicle  

For far too long, we Indians had felt that, just like for petroleum, we, as a country, would also remain an importer of defence equipment. It was really an audacious vision to believe that defence procurement could be linked to the political philosophy of the government, best expressed through “Atma Nirbhar Bharat” and Make in India, reduce our dollar outflow …

75 percent of defence capital budget earmarked for domestic firms: Rajnath Singh
1 year, 10 months ago

75 percent of defence capital budget earmarked for domestic firms: Rajnath Singh

Deccan Chronicle  

NEW DELHI: In a major move to push “Make in India”, defence minister Rajnath Singh on Wednesday announced that 75 per cent of funds allocated in Union Budget 2023-24 for equipping the Army, Navy and Air Force with new weapons and technology will be spent on purchases from domestic industry. In the Union Budget, the capital outlay which goes in …

India keeps aside Rs90,000 Cr in Budget 23-24 for fuel, ammo, spares with eye on China, Ukraine war
1 year, 10 months ago

India keeps aside Rs90,000 Cr in Budget 23-24 for fuel, ammo, spares with eye on China, Ukraine war

Firstpost  

This amount, which is around Rs 90,000 crore will be used for maintenance of weapons, equipment and other assets, replenishing stocks of fuel and ammunition and procurement of critical spares along with other capabilities. This amount excludes pay and other allowances New Delhi: Even as India’s defence budget saw a significant hike of around 13% for the financial year 2023-24, …

Upcoming budget to accelerate Make in India momentum in defence sector
1 year, 10 months ago

Upcoming budget to accelerate Make in India momentum in defence sector

India TV News  

With the Union Budget for 2023 set to be announced soon, there is a lot of anticipation about whether it will provide the necessary impetus to speed up the momentum for Make in India in defence. BUDGET 2023: FULL COVERAGE One of the main challenges facing the defence sector in India is the lack of a robust domestic defence industry. …

Kamal Davar | More bangs for the buck: What FM must ensure for the military
1 year, 10 months ago

Kamal Davar | More bangs for the buck: What FM must ensure for the military

Deccan Chronicle  

On February 1, Union finance minister Nirmala Sitharaman will be presenting the anxiously awaited Union Budget for the fiscal year 2023-24. Most analysts surmise that, notwithstanding the overall financial health of the nation, the defence budget owing to diverse forthcoming challenges may witness a hike of 10-15 per cent in allocations and thus be in the region of Rs 6.6 …

Expectations From Union Budget 2023: The Great Leap Forward
1 year, 10 months ago

Expectations From Union Budget 2023: The Great Leap Forward

News 18  

As an annual accounting exercise for the nation, the Union Budget has been a fairly prosaic thing with incremental steps, underlined– almost always– by a constraint from the resources available. The last year’s budget for FY23 speeded things up considerably when capital expenditure for infrastructure development was enhanced by 24 percent to Rs 7.5 trillion, more than double of what …

India Defence Exports Cross Rs 7,000 Crore Till Nov, Pending Major Deals to Take Figures Higher
2 years ago

India Defence Exports Cross Rs 7,000 Crore Till Nov, Pending Major Deals to Take Figures Higher

News 18  

India has achieved defence exports over Rs 7,000 crore till November 1 so far, and is looking at reaching a target upwards of Rs 15,000 crore by the end of this fiscal, showed official data accessed by News18. According to the data, India exported defence items worth Rs 7,034.84 crore till November 1 this year. Significant export orders India has …

India presents low cost manufacturing and high output opportunities: Modi
2 years, 1 month ago

India presents low cost manufacturing and high output opportunities: Modi

The Hindu  

India’s growth momentum has been maintained despite the COVID-19 pandemic, war, and supply-chain disruptions, and India is presenting opportunities for low cost manufacturing and high output, Prime Minister Narendra Modi said on Sunday after laying the foundation stone for the C-295 transport aircraft manufacturing facility to be set up by a consortium of Tata Advanced Systems Limited and Airbus Defence …

Gujarat: PM Modi launches Rs 22,000 crore project to build C-295 military cargo aircraft in Vadodara
2 years, 1 month ago

Gujarat: PM Modi launches Rs 22,000 crore project to build C-295 military cargo aircraft in Vadodara

Firstpost  

With the launch of the Tata-Airbus C-295 facility, India will enter a league of a dozen nations with the capacity to manufacture military transport aircraft. Currently, US, Japan, UK, Russia, France, Italy, Spain, Ukraine, Brazil, China, & Japan has that capacity Vadodara: Prime Minister Narendra Modi laid the foundation stone of a Rs 22,000 crore worth C-295 military transport aircraft …

Tata-Airbus Hub: PM's 'Make in India' Gathers Speed As Country Enters Defence Manufacturing Big League
2 years, 1 month ago

Tata-Airbus Hub: PM's 'Make in India' Gathers Speed As Country Enters Defence Manufacturing Big League

News 18  

In a significant push for India’s indigenous defence manufacturing industry, Prime Minister Narendra Modi will lay the foundation stone of the Tata Airbus facility to manufacture C295 military transport planes in Gujarat on Sunday, ushering India to enter the exclusive group of few countries with the capacity to manufacture such aircraft. Development of Military Air Transport Complex Tata-Airbus combine had …

Tata, Airbus to make defence aircraft in India in local manufacturing push
2 years, 1 month ago

Tata, Airbus to make defence aircraft in India in local manufacturing push

The Hindu  

India's Tata group and Airbus will make the C-295 transport aircraft in the country, the government said on Thursday, the first such production by a local private company amid a push for an expansion of defence manufacturing. "This is the first project of its kind in which a military aircraft will be manufactured in India by a private company," the …

India witnessing transitional phase towards self-reliance in defence sector: Rajnath Singh
2 years, 5 months ago

India witnessing transitional phase towards self-reliance in defence sector: Rajnath Singh

Firstpost  

He said the defence ministry has set a target of Rs 1.75 lakh crore of defence production by 2025, which includes export of Rs 35,000 crore New Delhi: India is witnessing a transitional phase towards self-reliance in defence sector and senior officials of defence PSUs should work together to ensure that their companies are among world’s best, Defence Minister Rajnath …

Defence Diary: Eyeing Rs 35,000 Crore in Export, India's Import Ban List a Good Start to Tap into Foreign Markets
2 years, 7 months ago

Defence Diary: Eyeing Rs 35,000 Crore in Export, India's Import Ban List a Good Start to Tap into Foreign Markets

News 18  

The chatter lately around India’s arms exports, which has grown louder after India clinched an impressive $375 million BrahMos Supersonic Cruise Missile deal with Philippines, drove me to the thick official data available on the subject. India exports Personal Protective Equipment, Offshore Patrol Vessels, ALH Helicopter, SU Avionics, Bharati Radio, Coastal Surveillance Systems, Kavach MoD II Launcher and FCS, Spares …

Russia supplies S-400 to India amid warfare
2 years, 8 months ago

Russia supplies S-400 to India amid warfare

Hindustan Times  

Russia has begun fresh deliveries of S-400 Triumf air defence systems that will constitute the Indian Air Force’s second squadron of the weapon amid the ongoing Ukraine war and Washington’s attempts to wean India away from its dependence on Russian military hardware, two senior government officials familiar with the development said on Friday, asking not to be named. India ordered …

India to boost arms output, fearing shortfall from Russia
2 years, 8 months ago

India to boost arms output, fearing shortfall from Russia

Associated Press  

NEW DELHI — India on Thursday said it would ramp up its production of military equipment, including helicopters, tank engines, missiles and airborne early warning systems, to offset any potential shortfall from its main supplier Russia. “Our objective is to develop India as a defense manufacturing hub,” Defense Minister Rajnath Singh said Thursday while releasing a list of military equipment …

India to boost arms output, fearing shortfall from Russia
2 years, 8 months ago

India to boost arms output, fearing shortfall from Russia

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. "Our objective is to develop …

IAF to employ ‘direct tactical planning’ for S-400
2 years, 9 months ago

IAF to employ ‘direct tactical planning’ for S-400

The Hindu  

While China too possesses the S-400 Triumf long range air defence system, currently being inducted by India, and remains a potent weapon for them, countering them will be for the Indian Air Force based on “direct tactical planning”, an IAF representative informed the parliamentary standing committee on defence. That will be a direct tactical planning,” an Air Force representative briefed …

Why India cannot afford to delink from Russia for its defence needs
2 years, 9 months ago

Why India cannot afford to delink from Russia for its defence needs

India Today  

India has a time-tested relationship with Russia since the Soviet days. According to Stockholm International Peace Research Institute, Russia is the most important suppliers of defence equipment to India, commanding nearly two-thirds share of the latter’s total arms imports. Value of Arms Import from Russia 1991-2020 Source: Andrew S. Bowen, “Russian Arms Sales and Defense Industry” Congressional Research Service, October …

Union Budget 2022 | Marginal hike in defence budget, emphasis on Make in India
2 years, 10 months ago

Union Budget 2022 | Marginal hike in defence budget, emphasis on Make in India

The Hindu  

In a further push for Make in India in defence,the Union government on Tuesday announced additional measures to boost domestic manufacturing and reduce imports. Of the ₹5.25 lakh crore for defence this year, the revenue allocation is ₹2.33 lakh crore, capital allocation ₹1.52 lakh crore and defence pensions ₹1.19 lakh crore. Within this, of the ₹1.52 lakh crore capital allocation …

Defence, aerospace manufacturing sector will surge to ₹1 lakh cr in 2022: Rajnath Singh
3 years ago

Defence, aerospace manufacturing sector will surge to ₹1 lakh cr in 2022: Rajnath Singh

Live Mint  

Defence Minister Rajnath Singh on Saturday said that India's defence and aerospace manufacturing sector will escalate to ₹1 lakh crore in 2022. The current budget for the defence and aerospace manufacturing sector is ₹85000 crore. The contribution of the private sector in India's defence and aerospace manufacturing will rise to over Rs1 lakh crore by 2047 from around Rs18,000 crore …

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