Military Hardware Worth Rs 1.4 Lakh Crore Bought in 10 Years from New Negative Import List: Govt
4 years, 3 months ago

Military Hardware Worth Rs 1.4 Lakh Crore Bought in 10 Years from New Negative Import List: Govt

News 18  

Military hardware worth Rs 1.4 lakh crore was bought in the last 10 years from among the items recently identified under the ‘negative import list’ by the defence ministry, the government said on Monday. “Items worth Rs 1.4 lakh crore have been bought from the items listed in the Negative Import List during the last 10 years, which includes both imports and from domestic sources,” Minister of State for Defence Shripad Naik said, replying to a question in Rajya Sabha. To a separate question, Naik said India has received Rs 3,454 crore in foreign direct investment in the defence and aerospace sector till June 2020. “As per the data furnished by 80 companies in defence and aerospace sector, FDI inflows of over Rs 3,454 crore have been reported so far in defence and aerospace sectors,” he said.

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History of this topic

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, exporting weapons too: PM
4 months, 1 week ago

India has made strides to further self-reliance in defence, exporting weapons too: PM

Hindustan Times  

NEW DELHI: In his 98-minute Independence Day speech delivered from the imposing Red Fort on a drizzly morning, Prime Minister Narendra Modi on Thursday 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. India has made …

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 …

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, …

Aim is to achieve self-reliance in defence manufacturing: Rajnath Singh
6 months, 1 week ago

Aim is to achieve self-reliance in defence manufacturing: Rajnath Singh

The Hindu  

The government’s target will be to export over ₹50,000 crore worth of defence equipment by 2028-2029, Defence Minister Rajnath Singh said on Thursday after assuming charge for the second consecutive term. He instructed the officers to re-dedicate themselves to fulfil the agenda laid out in the 100 days’ action plan,” a Defence Ministry statement said. “Under the leadership of Prime …

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 …

India’s defence exports crossed all-time high of ₹21,000 crore: Rajnath
8 months, 3 weeks ago

India’s defence exports crossed all-time high of ₹21,000 crore: Rajnath

The Hindu  

India’s defence exports crossed ₹21,000 crore, approximately $2.63 billion, for the first time, Defence Minister Rajnath Singh announced on April 1. “Delighted to inform everyone that the Indian defence exports have scaled to unprecedented heights and crossed ₹21000 crore mark for the first time in the history of Independent India!,” Mr. Singh said on X. “India’s defence exports have reached …

India’s defence exports cross ₹21,000 crore mark
8 months, 3 weeks ago

India’s defence exports cross ₹21,000 crore mark

Hindustan Times  

New Delhi: India’s defence exports grew 32.5% this fiscal and crossed the ₹21,000-crore mark for the first time as the country remains focussed on boosting the indigenous defence manufacturing ecosystem as well as military exports, the defence ministry said on Monday. “Delighted to inform everyone that the Indian Defence Exports have scaled to unprecedented heights and crossed ₹21,000 crore mark …

Defence Ministry clears procurement of military hardware worth Rs 84,560 crore
10 months, 1 week ago

Defence Ministry clears procurement of military hardware worth Rs 84,560 crore

India TV News  

The defence ministry today cleared the procurement of military hardware worth Rs 84,560 crore including multi-mission maritime aircraft to boost the overall combat capabilities of the armed forces. The proposals cleared by the DAC include new generation anti-tank mines, air defence tactical control radar, heavy weight torpedoes, medium range maritime reconnaissance and multi-mission maritime aircraft, flight refueller aircraft and software …

Defence Budget 2024: Govt Allocates Rs 6.2 Lakh Crore, Launches New Scheme To Boost Deep-Tech
10 months, 3 weeks ago

Defence Budget 2024: Govt Allocates Rs 6.2 Lakh Crore, Launches New Scheme To Boost Deep-Tech

ABP News  

New Delhi: In the Interim Union Budget 2024, Finance Minister Nirmala Sitharaman on Thursday allocated Rs 6.21 lakh crore for defence spending, a hike of Rs 27,000 crore compared to the previous year. In the budget, a total of Rs 1.72 lakh crore was set aside to the military for capital expenditure that largely includes purchasing new weapons, aircraft, warships, …

HAL, BEL, BDL: 4 fundamental factors that keep 2024 outlook firm for Defence PSU
11 months, 1 week ago

HAL, BEL, BDL: 4 fundamental factors that keep 2024 outlook firm for Defence PSU

Live Mint  

Outlook 2024: The Defence sector companies riding the wave of strong growth led by favorable government policies on “Make in India” and "Atmanirbhar Bharat" initiative have seen strong gains in their share prices during 2023. With defence production and exports expected to reach all-time high levels in FY24, the sector is all set to experience an equally strong FY25. Here …

Rajnath performs 'Shastra Puja' in Tawang; lauds troops for guarding border with unwavering commitment
1 year, 2 months ago

Rajnath performs 'Shastra Puja' in Tawang; lauds troops for guarding border with unwavering commitment

The Hindu  

Mr. Singh asserted that there is no option but to bolster India’s security apparatus in view of the current global scenario Defence Minister Rajnath Singh, on Tuesday visited forward posts in Arunachal Pradesh where he interacted with troops deployed in the frontline locations along the Line of Actual Control and celebrated Dusshera with them. Mr. Singh performed Shastra Puja with …

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 …

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 …

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 …

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 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 …

Domestic procurement of defence equipment sees upward trend: Govt to Lok Sabha
2 years, 4 months ago

Domestic procurement of defence equipment sees upward trend: Govt to Lok Sabha

Hindustan Times  

The domestic procurement of defence equipment has seen an upward curve over the past three years, from 54% in 2018-19 to 64% in 2020-21, Union minister of state for defence Ajay Bhatt told the Lok Sabha on Friday, with this year’s target being 68%. Union minister of state for defence Ajay Bhatt speaks in the Lok Sabha during the ongoing …

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 …

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 …

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 …

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 …

Budget 2022: Govt committed to reduce imports in defense sector, says FM Sitharaman
2 years, 10 months ago

Budget 2022: Govt committed to reduce imports in defense sector, says FM Sitharaman

India TV News  

Highlights Govt is committed to reduce imports and promote self-reliance in defence sector, says FM Sitharaman FM said that 68 per cent of capital for defence sector would be earmarked for the local industry Sitharaman also said that 5 pc of USO Fund would be provided for R&D and technology upgradation The government is committed to reduce imports and promote …

Army, IAF Struggle to Exhaust Capital Budget, Defence Minister Asks to Expedite Spending
2 years, 10 months ago

Army, IAF Struggle to Exhaust Capital Budget, Defence Minister Asks to Expedite Spending

News 18  

The defence services have recorded an unusually slow pace of expenditure of their capital budgets so far for 2021-22, even as the financial year draws to a close in little more than two months, News18.com has learnt. Defence sources told News18.com that, so far, the Army has spent the lowest — approximately 40% — of its capital budget for the …

India Could Axe Pending Defence Buys from Abroad as In-Principle Call to Stop All Imports Triggers Massive Review
2 years, 11 months ago

India Could Axe Pending Defence Buys from Abroad as In-Principle Call to Stop All Imports Triggers Massive Review

News 18  

The Defence Ministry has been carrying out a massive review since the last month of all its ongoing and planned global procurement cases, after an in-principle call to stop further import of defence equipment was taken in an internal meeting in December chaired by Defence Secretary Ajay Kumar, News18.com has learnt. “Additionally, all ongoing foreign procurement cases are also being …

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 …

The growth of India’s defence exports
3 years ago

The growth of India’s defence exports

The Hindu  

The story so far: India’s defence exports have increased from ₹1,521 crore in 2016-17 to ₹8,434.84 crore in 2020-21. While giving out the value of defence exports, Minister of State for Defence Ajay Bhatt said in a written reply to the Rajya Sabha earlier this week, “Further, the names of the major defence items exported cannot be divulged due to …

Defence Ministry approves acquisition of arms, military equipment worth Rs 7,965 crore
3 years, 1 month ago

Defence Ministry approves acquisition of arms, military equipment worth Rs 7,965 crore

India TV News  

The Defence Ministry on Tuesday approved the procurement of arms and military equipment worth Rs 7,965-crore, including 12 light utility helicopters from Hindustan Aeronautics Limited, according to an official statement. Besides clearing the proposal to buy 12 helicopters, the DAC approved the procurement of Lynx U2 naval gunfire control system from Bharat Electronics Limited that will enhance the tracking and …

Factories to Corp Entities: All About the 7 Defence Firms Carved Out of OFB by Modi
3 years, 2 months ago

Factories to Corp Entities: All About the 7 Defence Firms Carved Out of OFB by Modi

News 18  

Prime Minister Narendra Modi on Friday dedicated seven new state-run defence firms replacing the Ordnance Factory Board and said that a single-window system has been put in place instead of stagnant policies to develop India as a major producer of defence equipment. The new companies are: Armoured Vehicles Nigam Limited, Munitions India Limited, Advanced Weapons and Equipment India Limited, Troop …

Will try and finish any acquisition in two years: Defence Ministry
3 years, 2 months ago

Will try and finish any acquisition in two years: Defence Ministry

The Hindu  

The Ministry of Defence will try and complete acquisition of any defence equipment in two years, from the current average of 3.5 years, as long as there is no research and development involved, Additional Secretary and Director General Acquisition in the Ministry V.L. “Our average is about 3.5 years and to bring it to two years takes a lot of …

India seeks to create $5 billion worth of defence equipment by 2025, says DRDO
3 years, 3 months ago

India seeks to create $5 billion worth of defence equipment by 2025, says DRDO

Firstpost  

The aim is to fight the next war with Indian weapons, said DRDO Director General Hari Babu Srivastava Noida: The Union government has an ambition to create $5 billion worth of defence equipment by 2025, a senior DRDO official said, emphasising on the need for developing an ecosystem for defence research in the country. To realise this ambition, the government …

India's Defence Exports Since 2014-15 Estimated at Rs 35,777 Crore
3 years, 6 months ago

India's Defence Exports Since 2014-15 Estimated at Rs 35,777 Crore

News 18  

India exported military hardware and systems worth Rs 35,777 crore in the last seven years, according to a document released by Defence Minister Rajnath Singh on Monday. The value of defence exports was Rs 9,116 crore in 2019-20 and Rs 5,711 crore in 2020-21, according to the details mentioned in the document. The compilation provided a brief overview of the …

India Exported Military Hardware Worth Over Rs 34,000 Crore in Last Five Years: Govt Data
3 years, 10 months ago

India Exported Military Hardware Worth Over Rs 34,000 Crore in Last Five Years: Govt Data

News 18  

India exported military hardware and equipment worth over Rs 34,000 crore in the last five years, according to details provided by the government in the Lok Sabha on Wednesday. Replying to a question, Minister of State for Defence Shripad Naik said the total exports by both private and defence public sector undertakings were worth Rs 2059.18 crore in 2015-16 while …

India Likely to Finalise $2.5 Billion Deal to Procure 56 Transport Aircraft for Air Force
3 years, 11 months ago

India Likely to Finalise $2.5 Billion Deal to Procure 56 Transport Aircraft for Air Force

News 18  

India is likely to finalise in the next few months a mega deal to procure 56 transport aircraft for the Indian Air Force at a cost of $2.5 billion, official sources said on Tuesday. In a report, the defence ministry said the case of procurement of 56 C-295 from Airbus with participation of an Indian production agency for manufacture of …

Defence Ministry gives clearance for purchase of Indian-made military equipment worth Rs 27,000 crore
4 years ago

Defence Ministry gives clearance for purchase of Indian-made military equipment worth Rs 27,000 crore

India Today  

Indigenously designed air surveillance platforms, patrol vessels for the Navy and modular bridges for the Army are among the approvals for procuring defence equipment from domestic manufacturers worth Rs. In a big boost to 'Make in India,' the Defence Acquisition Council headed by Defence Minister Rajnath Singh has given the go-ahead to the procurement of equipment worth Rs 28,000 which …

US approves sale of $90 mn worth of military equipment and services to India
4 years ago

US approves sale of $90 mn worth of military equipment and services to India

India TV News  

The US has approved the sale of USD 90 million worth of military hardware and services in support of its fleet of C-130J Super Hercules military transport aircraft. This proposed sale will support the foreign policy and national security of the United States by helping to strengthen the US-Indian strategic relationship and improve the security of a “Major Defence Partner”, …

Defence Ministry approves acquisition of arms, military equipment worth Rs 2,290 crore
4 years, 2 months ago

Defence Ministry approves acquisition of arms, military equipment worth Rs 2,290 crore

India Today  

The Defence Ministry on Monday approved the procurement of arms and military equipment worth Rs 2,290 crore for troops guarding the borders with China and Pakistan. The Defence Acquisition Council held a meeting on Monday under the Chairmanship of Defence Minister Rajnath Singh and approved the proposals for capital acquisitions of various equipment required by the Indian armed forces at …

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