The Defence Acquisition Council (DAC) has recently approved procurement proposals worth Rs 79,000 crore across three services and it has cleared AoN (Acceptance of Necessity) of Rs 3.3 trillion in financial year 2026 (FY26).
INS Udaygiri and INS Himagiri marks the first occasion when two frontline surface combatants constructed at two different shipyards were commissioned simultaneously.
With the MoD loosening its hold over its shipyards, Garden Reach Shipbuilders and Engineers buzzes with a capitalist energy never seen before in the 124-year history of that shipyard.
'The universe of PSU stocks is huge and diverse.' 'Investors should bet on specific sectors and stocks from the basket as most of them may continue to consolidate after years of outperformance.'
P17A ships are guided-missile frigates.
This is the sixth of seven ships built under 'Project 17 Alpha' for the Navy. The first five ships of the project were launched between 2019 and 2022.
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Barring one, three are debt-free and sitting on large cash reserves.
Trump's sweeping tariffs and penalties on China-built ships have turned global shipping into the front line of economic war, observes Shyam G Menon.
The navy's need for shallow water anti-submarine craft stems from the peculiar nature of the Arabian Sea bed, which is extremely shallow even tens of nautical miles from the coast.
A spate of recent orders under the Indigenously Designed Developed and Manufactured (IDDM) category have led to investor focus on defence stocks. Actually, the defence index has been an outperformer for a long while with public sector undertakings (PSUs) like Hindustan Aeronautics (HAL), Bharat Electronics (BEL), Bharat Dynamics (BDL), Garden Reach Shipbuilders Engineers (GRSE), Cochin Shipyard and Goa Shipyard being beneficiaries of the policy.
The fast interceptor craft delivered can patrol the coastline at a scorching speed of 45 knots.
In line with the government's vision of 'Aatmanirbhar Bharat', the ministry of defence on Thursday signed contracts with Indian shipyards for the acquisition of 11 next generation offshore patrol vessels and six next generation missile vessels at a cost of nearly Rs 19,600 crore, officials said.
India's largest warship builders -- Mazagon Dock Ltd, Mumbai; and Garden Reach Shipbuilders & Engineers, Kolkata - have prevailed over the Indian Navy's objections. MDL and GRSE will divide between them the entire order for seven improved stealth frigates, code-named Project 17A.The Navy was insisting that the first two frigates of Project 17A be built abroad, so that MDL and GRSE could learn how to build ships using new modular methods that are preferred by European shipyard
The warships will be armed with BrahMos supersonic cruise missiles which can reach targets 295 km away.
Private shipyards like the Reliance Defence and Engineering Limited are likely to respond to the navy's Request for Information (RFI) along with state-run shipyards.
This is the first time an Indian shipyard has been commissioned to design and build a warship to specifications formulated by a buyer country. This marks an important first landmark in the Bharatiya Janata Party-led government's drive to increase defence exports.
While the corporate sector has benefited from massive capital expenditure, leading to sky-rocketing stock prices, investors would do well to keep an eye on the macroeconomic picture and government finances, not just corporate profits, for signs of trouble, alerts Debashis Basu.
India will export its first warship later this month, a move that is seen as a big leap for the country's defence public sector units.
These next generation ships can patrol the oceans for three or four months compared to the navy's current patrol boats, which can be at sea for a maximum of 45 days.
INS Tihayu, specifically built for meeting needs of extended coastal and offshore surveillance and patrol, has a length of 49.9 metres and maximum breadth of 7.5 meters.
The ISI network of spies has been operating in India for over a decade.
The ban on import of 101 items is a big step towards an Atma Nirbhar Bharat (self-reliant India). This list of negative items contains not only small items but weapon systems of high and critical technology. More such items will be added to this list shortly which will save crores of rupees in imports, the defence minister said.
Warship building projects worth at least Rs 630 billion have ground to a standstill. The defence ministry has halted tendering in wait for a government decision on whether to allow, or to exclude, Anil Ambani's shipbuilding firm from those contracts.
The most important positive of India's stealth bull market is earnings growth across different sectors, explains Debashis Basu.
The Special Task Force of Kolkata Police on Sunday arrested three persons from the southern part of the city for their alleged links to Pakistan's Inter Services Intelligence.
Though the government says public and private shipyards compete on equal terms, public shipyards feast at the high table with the defence ministry, with only scraps being tossed to private shipbuilders.
The navy's plan to build three Russian Talwar-class frigates has a less than wholesome odour.
The Indian Navy is constrained by its lowest budgetary allocation since 2011-2012, reveals Ajai Shukla.
'It is time India thought big not only about its global clout politically and diplomatically, but also act its size against pin-pricking by anti national elements,' says Group Captain Murli Menon (retd).
Still, there remains a worrying shortfall of frigates, which are the navy's workhorses. 'We need to have at least 24 frigates,' says a senior admiral. 'Currently we are 10 short.'
An India-built naval patrol vessel for Mauritius that will help in better policing its vast exclusive economic zone was commissioned today by Prime Minister Narendra Modi who said it will make the Indian Ocean "more safer and secure".
Every demand of the armed forces remains essentially anchored to 1964 and its fulfilment or otherwise largely a function of money availability
"INS Kiltan strengthens our defence system and will be a shining armour in our 'Make in India' programme," Sitharaman said.
The navy wants to spend Rs 40,000 crore on INS Vishal, a choice the army and air force oppose. This is as much about turf as about funding. explains Ajai Shukla.
'With Pakistan's 'first use doctrine' threatening the use of nuclear weapons early in a war with India, the S-400 will shield vulnerable targets like Delhi and Mumbai, complicating Pakistan's targeting calculations.'
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The sun is out. The flood waters have receded. Keralites have spent crores in quickly cleaning up the state and making it visitor ready. Go to Kerala folks!
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