DRDO's failures over the decades have contributed significantly to India becoming the world's biggest weapons importer, points out Lieutenant General Prakash Katoch (retd).
Tata Motors said it may invest about Rs 600 crore (Rs 6 billion) to develop Futuristic Infantry Combat Vehicles (FICV) and set up a manufacturing plant for rolling out FICVs for the Indian Army.
The Indian Army says it wants to deploy the vehicles in places like Eastern Ladakh along with desert and amphibious terrain. The FICV project has been in plans for a long time and the need for a modern troops carrier equipped with tank-busting capabilities was felt during the recent Ladakh conflict.
Defence ministry incompetence hobbles development of battle-taxis for the Indian Army.
In all likelihood, the next conventional Chinese attack on India would be preceded by a massive cyber attack designed to cripple Indian networks and interfere with our disaster-relief programmes.
India's plan to buy futuristic tanks and infantry combat vehicles -- estimated to be worth Rs 80,000 crore to Rs 100,000 crore each -- will certainly intimidate Pakistan which already feels threatened by our vast tank strength.
Aeron Systems, founded in 2008 by Ashvani Shukla and Abhijit Bokil, is looking to contribute to programmes such as the Tejas light combat aircraft
The country's largest stainless steel maker Jindal Steel (Hisar) on Wednesday marked its foray into the defence sector by forging a pact with DRDO for transfer of technology relating to high-nitrogen steel for armour applications.
'The defence minister needs to focus on human resources-related issues at the same pace in 2017 as he did on acquisitions in 2016,' says Brigadier S K Chatterji (retd).
Bank shares were the top losers after sharp gains last week.
The S&P BSE Sensex ended 190 points up at 23,382.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances