In a major move, India has done away with offset requirements for government-to-government defence deals and single-vendor contracts under a new policy unveiled on Monday for the procurement of......
Defence Procurement Manual 2025 lays down the guiding principles for revenue procurements in the defence ministry worth around 1 trillion in a financial year. IMAGE: Defence Minister Rajnath......
'Currently, it takes between two and three years to formulate the request for proposal for procuring specific military equipment for the armed forces. It should not be this way.' IMAGE: DRDO......
India fully utilised its military modernisation budget in 2024-2025 -- the first time in five years -- and signed a record Rs 2 trillion defence contracts. IMAGE: Indian Army personnel display......
'There's an urgent requirement, particularly for the Indian Ocean region, as China's naval presence grows, and with Pakistan also acquiring more submarines.' IMAGE: The Indian Navy's Kalvari class......
'India has the capital to invest in defence production.''With clear timelines and commitments, private industry can deliver surge capacity effectively.' Photograph: Kind courtesy Kalyani Strategic......
Defence Minister Manohar Parrikar on Monday unveiled the much-awaited Defence Procurement Procedure, saying it will ensure transparency and speed in acquisition process and boost the 'Make......
As the DefenceExpo gets underway in Goa, Brigadier S K Chatterji (retd) says the proposed Defence Procurement Procedure 2016 should ensure that the Indian defence industry is on the path to......
The changes in the ordinance have been made after taking inputs from states suggesting changes to the Act which would make it more industry-friendly Image: Farmers plough a field before sowing......
At least 40% of a product must be manufactured in India for it to qualify for the Indian Designed, Developed and Manufactured category. Image: Defence ministry is incentivising industry.......