News for 'defence manufacturing'

Will PM have courage to...: Cong ahead of Modi-Trump meet

Will PM have courage to...: Cong ahead of Modi-Trump meet

Rediff.com13 Feb 2025

Posing a series of questions to the prime minister, Congress general secretary in-charge communications Jairam Ramesh also asked if Modi would convey to the US president that India would send its own aircraft -- like Venezuela and Colombia did -- to bring back Indian deportees in the future.

Pak conducted artillery tests near LoC: Officials

Pak conducted artillery tests near LoC: Officials

Rediff.com3 Nov 2024

This comes as the neighbouring country strengthens defence ties with Gulf and Western European countries, and its long-standing ally Turkiye, the officials said.

Why India's defence indigenisation is in a rut

Why India's defence indigenisation is in a rut

Rediff.com6 Jun 2016

The end goal of defence procurement should be not import or indeginisation but securing the country through able and ready armed forces, says Air Marshal P V Athawale (retd)

How IAF plans to strengthen 'depleted' squadron

How IAF plans to strengthen 'depleted' squadron

Rediff.com18 Dec 2024

The Indian Air Force (IAF) has seen a reduction in fighter squadrons due to the phasing out of ageing MiG-21, MiG-23 and MiG-27 aircraft. The Parliamentary Standing Committee on Defence acknowledged the "shortage" and highlighted the multi-pronged approach being taken to address it. This includes the induction of indigenous Tejas fighters and the procurement of additional LCA Mk-1A aircraft. The report also addresses concerns over "incidences of spying" within the IAF and details the action taken against those involved.

Drone, jet engine deals will boost India-US defence ties: Experts

Drone, jet engine deals will boost India-US defence ties: Experts

Rediff.com22 Jun 2023

India is also likely to sign a deal to buy MQ-9B Predator armed drones from US manufacturer General Atomics.

Indian ammunition enters Ukraine despite Russia's protest? MEA reacts

Indian ammunition enters Ukraine despite Russia's protest? MEA reacts

Rediff.com20 Sep 2024

India described as "inaccurate" a media report that said artillery shells sold by Indian arms manufacturers have been diverted by European customers to Ukraine and New Delhi has not intervened to stop it.

BrahMos Missile, now made in UP

BrahMos Missile, now made in UP

Rediff.com27 Aug 2021

More than 100 BrahMos missiles are planned to be built in the next three years.

INS Arighaat, 2nd made-in-India N-submarine, joins Navy

INS Arighaat, 2nd made-in-India N-submarine, joins Navy

Rediff.com29 Aug 2024

India's second nuclear-powered ballistic missile submarine was commissioned into the Navy on Thursday in the presence of Defence Minister Rajnath Singh who said this will further strengthen the country's nuclear triad and enhance nuclear deterrence.

Hezbollah commander killed in Israeli airstrike amid ceasefire calls

Hezbollah commander killed in Israeli airstrike amid ceasefire calls

Rediff.com27 Sep 2024

The United States has called for a 21 day ceasefire on the Israel-Lebanon border to prevent an escalation of war and give diplomacy a chance there and in Gaza.

CRPF to purchase high-end defence gear to take on Naxals

CRPF to purchase high-end defence gear to take on Naxals

Rediff.com17 Apr 2013

The Central Reserve Police Force is purchasing more than a dozen defence manufactured Unmanned Aerial Vehicles and a number of mine protected troop carriers to aid and guide ground patrols of the force conducting anti-Naxal operations.

Leicester owner's helicopter crash accidental, inquest finds

Leicester owner's helicopter crash accidental, inquest finds

Rediff.com29 Jan 2025

The deaths of five people in a helicopter crash at the King Power Stadium in October 2018, including Leicester City soccer club owner Khun Vichai Srivaddhanaprabha, were accidental.

What 'Hike' In Defence Budget Doesn't Reveal

What 'Hike' In Defence Budget Doesn't Reveal

Rediff.com11 Feb 2022

Even as Chinese troops continue squatting on territory that we claim as our own -- this was the lowest allocation for defence in percentage terms since the 1950s, reveals Ajai Shukla.

'Portfolios Need To Be Balanced This Year'

'Portfolios Need To Be Balanced This Year'

Rediff.com6 Feb 2025

'Consider 40% to 50% in equities, 10% in gold as a hedge, and the remaining 30% to 40% split between multi-asset funds and hybrid funds.'

Post Vibrant Gujarat, MSMEs eye larger pie in aerospace, defence

Post Vibrant Gujarat, MSMEs eye larger pie in aerospace, defence

Rediff.com16 Jan 2017

The defence and aerospace sectors have seen at least over Rs 10,000 crore worth of MoUs being signed during the summit.

US pledges to boost technology ties with India

US pledges to boost technology ties with India

Rediff.com14 Feb 2025

Artificial Intelligence, innovation and next-generation technologies figured prominently during the high-stakes discussion between Prime Minister Narendra Modi and US President Donald Trump at the White House, as the two sides announced transformative measures, including the US-India TRUST initiative, roadmap on accelerating AI infrastructure and INDUS Innovation, to boost tech ties.

10 Stocks That Soared While Market Sank

10 Stocks That Soared While Market Sank

Rediff.com24 Mar 2025

The stocks are largely from sectors such as chemicals, finance and cement, which struggled earlier but the worse seems to be behind them.

Dhoni Ups His Investment In This Aerospace Company

Dhoni Ups His Investment In This Aerospace Company

Rediff.com4 Oct 2024

Drone maker Garuda Aerospace have renewed their brand ambassador contract with M S Dhoni after he tops up investment in the company.

BJP fields poster boy for 'Make in India' in defence in WB

BJP fields poster boy for 'Make in India' in defence in WB

Rediff.com23 Mar 2021

BJP has announced the name of former Deputy Chief of Army Staff Lt Gen Subrata Saha, credited for establishing the Army Design bureau for Make in India for the army, as its candidate from Rashbehari constituency.

'CBI should reveal discoveries from Swizz evidence on Bofors payoffs'

'CBI should reveal discoveries from Swizz evidence on Bofors payoffs'

Rediff.com9 Mar 2025

Journalist and author Chitra Subramaniam has demanded that the Central Bureau of Investigation (CBI) make public its findings from the "box of evidence" received from Switzerland regarding the Bofors payoffs. Subramaniam, author of 'Boforsgate: A Journalist's Pursuit of Truth', expressed concerns about the lack of transparency surrounding the evidence, questioning who opened the box, when it was opened, and what it contained. She also raised doubts about the official narrative regarding the alleged bribe in the Bofors case, suggesting the sum of Rs 64 crore may not reflect the full extent of the corruption. Subramaniam also alleged that the CBI planted stories about Hindi film actor Amitabh Bachchan to derail the investigation and launched a political vendetta against the Bachchans. She recalled that Bachchan had come to her home and asked if she had seen his name. The CBI has recently requested assistance from the United States in the case, seeking information from private investigator Michael Hershman, who claims to have crucial details about the scandal. The Bofors scandal, a major bribery case involving the Indian government and the Swedish arms manufacturer Bofors in the 1980s, pertains to allegations of a Rs 64-crore bribe in a Rs 1,437-crore deal for the supply of 400 155mm field Howitzers.

On the table before Modi-Biden: Closer defence, tech ties

On the table before Modi-Biden: Closer defence, tech ties

Rediff.com19 Jun 2023

Stepping up defence cooperation, India and the US are poised to unveil a roadmap for industries in the sector to partner closely in co-production, co-development and maintaining supply change during Prime Minister Narendra Modi's visit to the US beginning June 21.

Automobile manufacturers asked to make ventilators

Automobile manufacturers asked to make ventilators

Rediff.com30 Mar 2020

The ministry informed that over 14,000 existing ventilators are earmarked for COVID-19 patients in various hospitals in the country while there are 11.95 lakh N-95 masks in stock.

Defence budget raised to Rs 5.25 lakh crore

Defence budget raised to Rs 5.25 lakh crore

Rediff.com1 Feb 2022

In the Union Budget presented in Parliament by Finance Minister Nirmala Sitharaman, a total of Rs 1,52,369 crore has been set aside for capital expenditure that includes purchasing new weapons, aircraft, warships and other military hardware.

Is Defence Budget Enough To Counter China, Pakistan?

Is Defence Budget Enough To Counter China, Pakistan?

Rediff.com10 Feb 2023

To threaten China and Pakistan, and then to sharply cut back on military funding, bespeaks a remarkable trust in Beijing and Islamabad that is not borne out by anything they say or do, notes Ajai Shukla.

Indo-US accord opens door for closer defence ties

Indo-US accord opens door for closer defence ties

Rediff.com21 Jul 2009

The USIBC said that this was 'a significant step that puts decades of Cold War baggage behind the world's two largest democracy', and that in achieving 'consensus' on this 'key bilateral agreement', it held out the promise 'to bolster the US and India as reliable partners for the long future in the sensitive areas of defence and security trade'.

Why are writers protesting UK's bulldozer maker JCB?

Why are writers protesting UK's bulldozer maker JCB?

Rediff.com21 Nov 2024

Over 100 writers, translators, and publishers have signed an open letter accusing the "JCB Prize for Literature" of hypocrisy, highlighting the British bulldozer manufacturer's role in demolitions across India and Palestine. They argue that the JCB's involvement in these projects contradicts its purported support for marginalized and diverse writers. The letter was released ahead of the announcement of the JCB Prize for Literature winners on November 23.

Remembering Parrikar, the defence sector reformer

Remembering Parrikar, the defence sector reformer

Rediff.com18 Mar 2019

His background as an Indian Institute of Technology graduate and as a chief minister with an excellent track record as an administrator equipped him to initiate defence industry and policy reforms that are only now beginning to bear fruit.

'Self reliance' in defence sector must for country's internal security: Rajnath

'Self reliance' in defence sector must for country's internal security: Rajnath

Rediff.com14 Dec 2016

Rajnath also pitched for incentives in defence manufacturing, Singh said foreign companies are not only interested in investing in India but also ready to transfer technologies.

Government finalises policy to allow private investment in defence

Government finalises policy to allow private investment in defence

Rediff.com20 May 2017

Seen as a major initiative, the 'strategic partnership model' aims to create a vibrant defence manufacturing ecosystem in the country through involvement of both the major Indian corporates as well as the MSME sector.

Pinaka Missile Is Ready For The Enemy!

Pinaka Missile Is Ready For The Enemy!

Rediff.com16 Nov 2024

The Enhanced Pinaka has demonstrated a range of 75 km and an ability to strike within 10 metres of where it is aimed. This allows a Pinaka battery to destroy a terrorist camp, or an enemy post, logistics dump or headquarters, without sending soldiers across the border.

Modern AK-203 assault rifles to be made in UP's Amethi

Modern AK-203 assault rifles to be made in UP's Amethi

Rediff.com4 Dec 2021

AK-203 assault rifles, with an effective range of 300 meters, are lightweight, robust and easy to use modern assault rifles with proven technology.

Adani plans to be India's most profitable cement manufacturer

Adani plans to be India's most profitable cement manufacturer

Rediff.com19 Sep 2022

Days after completing a $6.5 billion acquisition of Ambuja Cements and ACC, billionaire Gautam Adani said his group has planned to double cement manufacturing capacity and become the most profitable manufacturer in the country. He saw a multifold rise in cement demand in India on the back of record-breaking economic growth and the government's infrastructure creation push, which will give significant margin expansion. In a speech made at an event to mark the completion of the acquisition on September 17, the Adani Group founder and chairman said the ports-to-energy conglomerate has in a single stroke become the second largest cement manufacturer in the country.

'Make in India' initiative helped strengthen economy

'Make in India' initiative helped strengthen economy

Rediff.com25 Sep 2024

The Modi government's flagship initiative 'Make in India' launched 10 years ago has helped the country boost exports, push investments and promote manufacturing. Under the initiative, launched on September 25, 2014, a series of measures have been taken by the government to boost local manufacturing. These initiatives include the rollout of production linked incentive (PLI) schemes for 14 sectors, easing foreign direct investment (FDI) norms, reducing compliance burden to improve business climate, all approvals through single window, and rolling out of the national logistics policy.

Govt makes it mandatory for armed forces to source military hardware locally

Govt makes it mandatory for armed forces to source military hardware locally

Rediff.com25 Apr 2022

The ministry also decided to dispense with the requirement of the Integrity Pact Bank Guarantee to reduce the financial burden on the Indian defence industry, a move aimed at promoting domestic manufacturing.

Rajnath unveils new Defence Acquisition Procedure

Rajnath unveils new Defence Acquisition Procedure

Rediff.com28 Sep 2020

In what is seen as a significant move, the DAP featured measures to reduce delay in procurement of essential items by the three services as it proposed a new enabling provision to acquire them through capital budget under a simplified procedure in a time-bound manner.

Small stocks reap big gains for investors in 2024

Small stocks reap big gains for investors in 2024

Rediff.com26 Dec 2024

Dalal Street minnows stole the show in 2024, giving handsome returns to investors, helped by a largely optimistic trend in the stock market and impressive retail investors' participation. Analysts attributed the positive trend in the equity markets, where the benchmark indices shattered many records this year, to robust domestic liquidity, strong fundamentals of the Indian economy, and policy continuity.

Plans afoot to develop Noida-like industrial city in UP's Bundelkhand

Plans afoot to develop Noida-like industrial city in UP's Bundelkhand

Rediff.com9 Jan 2024

Noida was conceived in the 1970s and went on to transform the Western UP's landscape for good. Akin to the New Okhla Industrial Development Authority (Noida), the Yogi Adityanath government has instituted the Bundelkhand Industrial Development Authority (BIDA) with its epicentre in Jhansi.

India, US bid to finalise key defence deals ahead of Trump's visit

India, US bid to finalise key defence deals ahead of Trump's visit

Rediff.com12 Feb 2020

Official sources said talks were underway to wrap up negotiations on procurement of a missile defence system by India from the US for $1.86 billion.

How India enhanced its military might in 2023

How India enhanced its military might in 2023

Rediff.com31 Dec 2023

India also went on an overdrive in expanding its military engagement with like-minded countries in its neighbourhood and beyond in the face of China's relentless attempts to become a regional hegemon and establish its primacy in South Asia.

Prosperity Is Not India's Birth Right

Prosperity Is Not India's Birth Right

Rediff.com30 Nov 2024

If growth reverts to the pre-Covid level, a lot of people may have to temper their rosy optimism, points out Debashis Basu.

Bharat Shakti a message to adversaries about India's combat potential

Bharat Shakti a message to adversaries about India's combat potential

Rediff.com14 Mar 2024

The synergised demonstration of indigenous defence capabilities during 'Bharat Shakti' is a "testimony to its commitment towards modernisation through indigenisation," the sources said.