The 2.5 tonne air-to-surface missile has a range of around 300 km, and it will significantly enhance the IAF's combat capability, military officials said.
Airbus' $99 million payout puts a new light on Eurofighter's 'unsolicited bid' to the Modi government, reducing the cost of the Typhoon fighter by 20 per cent, making it in retrospect significantly cheaper than the Rafale.
With the arrival of the new batch, the number of Rafale aircraft has increased to eight. The first batch of five Rafale jets arrived in India on July 29, nearly four years after India signed an inter-governmental agreement with France to procure 36 aircraft at a cost of Rs 59,000 crore.
The political row had erupted after the National Democratic Alliance government inked the Rs 59,000-crore deal on September 23, 2016 to procure 36 Rafale jets from French aerospace major Dassault Aviation after a nearly seven-year exercise to procure 126 Medium Multi-Role Combat Aircraft for the Indian Air Force did not fructify during the Congress-led United Progressive Alliance regime.
The delivery of the Tejas Light Combat Aircraft (LCA) to the Indian Air Force under a Rs 48,000-crore deal will begin from March 2024 and around 16 aircraft will be rolled out annually till the completion of the total supply of 83 jets, Chairman and Managing Director of Hindustan Aeronautics Limited R Madhavan said on Sunday.
Is it Rs 300 billion or Rs 66 billion or Rs 33.12 billion?
Prime Minister Narendra Modi began his engagements in the US on Thursday by meeting with leading American CEOs from five different key sectors and highlighted the economic opportunities in India.
The estimated investment for the facility, which will undertake domestic and international projects, would be $100 million.
Modi, however, admitted that both countries face numerous economic challenges in the current global environment which directly affect trade and commerce
'Rafale is much more advanced and lethal than the current fighter aircraft available with China. The timing of the arrival of the jets is perfect'
Defence major Boeing on Monday proposed greater business engagement with India, as Prime Minister Narendra Modi promised the US companies to provide friendlier business environment in the country.
The Congress urged Modi to come forward and order a JPC probe into the Rafale deal.
'An armed helicopter equipped with counter-drone systems will provide the airborne counter-drone capability and flexibility needed to protect India's critical assets.'
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.
Big and small domestic IT firms are busy positioning themselves to snap up the $8 billion market opportunity that the aerospace sector has created.
Govt to play enabler not handler, India never had more decisive government: PM Modi Prime Minister Narendra Modi on Monday cited his dispensation's push for wide-ranging reforms, including the privatisation of Air India, to assert that the country never had a more "decisive government". Launching the Indian Space Association (ISpA), an industry body aspiring to be the voice of the country's space sector, Modi noted that fields like mining, coal, defence and space have been opened to private players, and said his government's clear policy about public sector enterprises is to open those to private industry where its presence is not required. While opening a host of sectors, the government has built a regulatory environment in which priority has been given to national interest as well as the interests of different stakeholders, he said.
Six global defence majors, including US giants Lockheed Martin and Boeing, and European consortium EADS, today offered to invest an estimated $2 billion to $3 billion to revitalise India's defence and aerospace industry.Under the proposals, which came days after New Delhi unveiled a new investment-friendly weapons procurement policy, the companies offered to pump in more investments, create defence exports and set up weapon-related joint ventures.
The company, which has opened an exclusive showroom in Gurgaon, plans to open more showrooms in metros and mini metros in the coming months, the company said in a statement.
The group said Dassault choose Reliance Defence Ltd to meet its 'offset' or export obligation in the contract and the Ministry of Defence has no role in the selection of Indian partners by the foreign vendors.
While the Saudi drone strike has put the focus back on anti-drone measures, caution also stems from the fact that India has a number of large oil refining assets close to India-Pakistan border.
European Aerospace major EADS on Tuesday said it will invest 2 bn (about Rs 11,000 crore) over the next 15 years in India.
A large Dhruv order could significantly boost Indian defence exports. These have grown from Rs 1,940 crore in 2014-2015 to Rs 10,745 crore in 2018-2019.
Israel Aerospace Industries (IAI) has officially acknowledged that the defence deal between the two countries was signed on February 27 under which Israel will develop and manufacture sea borne and shore-based systems against missile attack on India, business daily Globes reported.
Breaking its silence on its tumbling space rocket, whose debris is expected to fall on Earth this weekend, China said most of it would be burnt during re-entry and it is "highly unlikely" to cause any damage on the ground.
In a tweet, the IAF welcomed the "new bird" into its arsenal.
Under a memorandum of understanding signed in New Delhi by Jim Albaugh, President of Boeing Integrated Defence System and HAL Chairman Ashok K Baweja, the Indian defence PSU, will manufacture subsystems for Boeing's wide range of fighter planes like F-15, F-18 Super Hornetts and Apace Helicpoters.
India and the United States discussed a host of issues, including the security situation in South Asia, East China Sea, anti-piracy operations and America's help in developing two new commands -- space and cyber, during a recent visit of Air Chief Marshal N A K Browne in Washington.
Over 80 fighters and other aircraft, from both India and foreign countries, are on display.
Lockheed Martin is in talks with Infosys Technologies, Wipro, Reliance Industries, the Tata group, Larsen & Toubro and Hindustan Aeronautics to source software services, components and systems.
In the test, a space rocket boosted a hypersonic glide vehicle, one capable of carrying a nuclear device, which circled the globe before impacting.
According to the Unite union, Rolls-Royce sent an internal memo to its staff to detail its proposals.
The sprawling warship building facility caters to the combat vessel requirements of not only the Navy, but also the Coast Guard.
A symbol of self-reliance, India's space endeavours are a model for public-private partnership.
The Aero India 2007 international aerospace and defence exposition began today with India pitching itself as a global outsourcing destination offering competitive prices and a huge pool of skilled manpower.
French observers point out that Paris had no choice but to issue a denial given the importance of India's Rafale purchase for France's aerospace industry.
Under fire over allegations of kickbacks in the Rs 3,600 crore VVIP chopper deal, government on Wednesday asserted that nobody found guilty will be spared and if wrongdoings were found by the Central Bureau of Investigation, the contract can be scrapped.
In rebranding the F-16 into the F-21, Lockheed Martin appears to have accepted what many have warned it for years: That the IAF would never buy a fighter whose very name is associated across India with the Pakistan Air Force which has operated the F-16 since the 1980s.
He also cautioned against politicisation of defence purchases, suggesting that this had earlier led to the delay in the army acquiring the Bofors gun.
In an address to the air warriors on the occasion of the 89th Air Force Day, the Chief of Air Staff also said that the IAF must demonstrate to the nation that external forces will not be allowed to violate its territory.
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