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Govt okays maritime aircraft among Rs 84,560-cr defence buy

India on Friday approved defence big-ticket acquisition projects worth Rs 84,560 crore that included procurement of mid-air refuellers, maritime reconnaissance aircraft, heavy weight-torpedoes, air...

Govt nod to buy 97 more Tejas LCAs, 156 choppers worth Rs 2.23 lakh cr

India on Thursday accorded an initial approval to defence acquisition projects worth Rs 2.23 lakh crore that included procurement of 97 Tejas light combat aircraft and 156 Prachand combat...

Govt nod for Rs 7,800-cr purchase to enhance forces' operational capabilities

The defence ministry on Thursday approved capital acquisition proposals worth approximately Rs 7,800 crore that included procurement of electronic warfare suite for Mi-17 V5 helicopters. IMAGE:...

India goes shopping for swarm drones, carbines, bulletproof jackets worth Rs 28,000 cr

The defence ministry on Tuesday approved the procurement of military equipment and weapons worth Rs 28,000 crore, including swarm drones and close-quarter battle carbines, to bolster the overall...

MoD approves procurement of Rs 8357-cr military hardware

The Defence Ministry on Tuesday approved the procurement of Rs 8,357 crore worth of military platforms and hardware, including air defence fire control radar and GSAT-7B satellite. The procurement...

With policy ammunition, defence stocks set to fire

A spate of recent orders under the Indigenously Designed Developed and Manufactured (IDDM) category have led to investor focus on defence stocks. Photograph: ANI Photo Actually, the defence index...

Can India's defence sector be atmanirbhar?

'We see the defence industry as one of the leading sectors, which will significantly contribute to the growth of the Indian economy, but more importantly, bring atmanirbharta to national security.'...

Make Indian, buy Indian: Defence Minister's mantra

At least 40% of a product must be manufactured in India for it to qualify for the Indian Designed, Developed and Manufactured category. Image: Defence ministry is incentivising industry....

Domestic firms eye defence sector; plan to cut imports

The ministry of defence has set a goal of $26 billion, including export of $7 billion for the industry by 2025-26 through its Defence Production Policy 2018. Despite a marginal 6 per cent rise in...

L&T in French JV for missile system

Tie-up with MBDA will have Indian partner as majority shareholder; first product likely in 2 years. The government’s military indigenisation plan has spawned another tie-up. Engineering and...