Against the backdrop of scams such as the VVIP chopper deal, a new defence procurement policy came into force ay, which aims at enhancing transparency and probity in military purchases and gives first right of refusal to Indian vendors to promote indigenous industry.
We must seize the opportunity provided by the COVID-19 crisis to kick-start indigenous research efforts, recommends Colonel Anil A Athale (retd).
The centre is working towards gradually bringing down the import content in the defence sector.
In a move aimed at boosting India's defence sector, 200 helicopters will be manufactured in the country with Russian collaboration as part of intensification and diversification of their strategic ties.
Jaitley praised the DRDO saying it was "doing quite a lot to meet the requirements of the armed forces but the Services need much more and that will come through domestic industry."
The army is planning to procure 100 self-propelled artillery howitzers and three Indian vendors, including two private companies, have been selected for trial of their equipment, Defence Minister A K Antony told the Lok Sabha on Monday.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
The computer network of Visakhapatnam-based Eastern Naval Command was attacked by hackers in November last year, but none of the systems there was found to have been compromised, the government told Rajya Sabha on Wednesday.
The two sides held discussions on enhancing investment in technology, renewable energy and food security.
Greeting the jawans on the occasion, the prime minister said their devotion to duty in the remote icy heights, is enabling the strength of the nation, and securing the future and the dreams of 125 crore Indians,
It is learnt that the defence ministry is refusing to let go of its 100 MHz spectrum, which was allotted earlier. In that case, the department of telecommunications (DoT) will be left with only 175 MW of 5G spectrum of the total 300 MHz.
'The attacks made clear to all the Gulf States that Pakistan was the nursery and sanctuary of extremist violence and that this violence threatened all the countries in the region.'
The best available recourse to keep the defence sector healthy, is to source most of our requirement within the country so that procurement outlays under both the Revenue and Capital heads flow within the country, recommends says Brigadier S K Chatterji (retd).
Defence Minister A K Antony has shot down Commerce Ministry's proposal to raise Foreign Direct Investment in defence from 26 per cent to 49 per cent, saying it will be a "retrograde" step and "stymie" the growth of the domestic industry while increasing dependence on foreign manufacturers.
The Indo-US ties, particularly in the defence sector, have strengthened in past few years and there is still room for growth in the relationship, a Senate committee was told in Washington.
Govt wants domestic production so as to save foreign currency.
Group to enter education, invest `100 cr to begin with.
"INS Kiltan strengthens our defence system and will be a shining armour in our 'Make in India' programme," Sitharaman said.
This Budget will be a litmus test of the government's resolve to ensure Make in India strategy works
Reliance Defence Limited and Russia's leading developer and manufacturer of Air Defence Missile Systems 'AlmazAntey' have decided to work jointly on the entire range of Air Defence Missile and Radar Systems that are required for Indian defence forces.
He asserted that India has never been an aggressor and the Indian Armed Forces are perceived as defenders of humanity and peace across the world.
Addressing a press conference, Trump described Modi as a "terrific" leader and India as a "tremendous country".
The Tata Group is planning to set up three more units as a part of its aerospace manufacturing initiative in Hyderabad with an investment of Rs 1,000 crore (Rs 10 billion).
India and France agreed to intensify their cooperation in defence sector, particularly in the field of anti-piracy and maritime security and expected to finalise soon a deal for upgrading IAF's Mirage-2000 fighter aircraft.
'Defence funding is channelled to State-owned research organisations where scientists are merely bureaucrats holding meetings and sending out minutes of meetings and press releases, but have long ago stopped any innovative work.' 'Unless this tragedy is fixed, India's chances to create world-conquering and job-creating new industries are slim,' says Ajit Balakrishnan.
The Indian Air Force has 31 fighter squadrons as against authorised strength of 42 squadrons.
She also accused the Union government of making "false claims" about crop insurance benefits to the farmers, even as the state government was bearing 80 per cent of the cost.
The industry ministry in a recent concept paper proposed raising the FDI cap in the defence sector to 74 per cent.
Moving ahead with the economic reforms, the Cabinet tonight cleared the long-delayed proposal for raising FDI limit in defence to 49 per cent and fully opened up the railway infrastructure segment, like high-speed trains, for foreign investment.
Kohler made the comments on aviation industry-wide speculation about New Delhi increasing FDI in defence sector to 49 per cent from the current 26 per cent, with some expecting an announcement in the near future.
India, at present allows 51 per cent FDI in single brand retail and 100 per cent in the cash-and-carry .
Govt, telecom, defence sectors most attacked by cybercriminals
The government is considering a proposal to allow 100 per cent foreign direct investment into the country's defence sector, despite stiff opposition from the defence ministry that has raised security concerns.
Anil Ambani will take over as the chairman of Pipavav Defence
PM also invited US-based GE and other global firms to invest in the defence sector.
India and Russia will sign a framework agreement in civil nuclear field and three pacts in defence sector during the three-day visit of Prime Minister Manmohan Singh beginning on Sunday.
Clearly, he is in the right place, at the right time.
The industry ministry on Monday proposed foreign direct investment up to 74 per cent in the defence sector from the present 26 per cent, stating urgent upgrade of equipment in the armed forces was needed as a bulk of them suffered from obsolescence.
Senior Congress leader Anand Sharma on Wednesday denounced the Modi government's decision to allow 100 per cent foreign direct investment in defence sector by easing norms, saying the prime minister was working under pressure from the United States and his party would oppose it in Parliament.
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