The Mazagon Dock Shipbuilders in Mumbai on Wednesday launched INS Vagsheer, the last of the six submarines under Project 75.
Jaitley praised the DRDO saying it was "doing quite a lot to meet the requirements of the armed forces but the Services need much more and that will come through domestic industry."
'Similar to the case of the digital payment system where the government created a public platform and others joined in, we are exploring a similar structure to create a PPP platform where the compute required for AI could be accessed by the small player.'
Any government support or incentive to help exporters deal with high freight and insurance costs is unlikely.
'The government is just laying foundation stones everywhere.' 'It has hardly inaugurated anything.'
Thailand expressed interest in the Indian defence industry and its experience and expertise in the field of defence R&D and production. Modi welcomed Thai investments in India in the potential areas under the 'Make in India' initiative, especially in the manufacturing sector, infrastructure development, tourism and hospitality facilities.
Former IAF chief Bhadauria said this aircraft is "state-of-the-art" and "hugely capable".
One hopes in his next term, Narendra Modi will take up the mission of inculcating respect for following rules in Indians as a mission. Therein lies the chance for India to become a developed country, asserts Colonel Anil A Athale (retd).
Prime Minister Narendra Modi on Tuesday met business leaders to hear their grievances on issues ranging from high capital cost to ease of doing business to certainty on taxation matters, as he interacted for the first time with the Indian industry chambers since taking charge over a year ago.
The negotiations on cost and techno-commercial details relating to India's proposed procurement of 26 Rafale-M fighter jets and three Scorpene submarines from France are not yet concluded, sources said on Tuesday.
French Foreign Minister Laurent Fabius on Tuesday called on Prime Minister Narendra Modi and discussed ways to strengthen cooperation in key areas such as defence, trade and investment with India expressing keenness on setting up industrial bases for it to boost ties.
In a mega-contract worth over $1.6 billion, state-owned Israel Aerospace Industries will provide advanced medium-range surface-to-air missile systems to the Indian Army.
Prime Minister Narendra Modi on Friday handed over to the armed forces indigenously-developed light combat helicopters, unmanned aerial vehicles and electronic warfare systems for the warships, in reflection of India's focus to boost its domestic defence industry.
In a bid to increase its focus on the country, the company has set up an Indian subsidiary.
According to Russian journal Vedomosti, the agreement was made when Prime Minister Narendra Modi met Russian President Vladimir Putin in Goa BRICS summit.
Bharat Forge, the Pune-based automotive component maker, has been one of the top-performing companies in its segment. The company's stock price is up 39.3 per cent since the beginning of the 2023 calendar year, surpassing other leading automotive component makers such as Bosch and Samvardhana Motherson International. The stock also outperformed the benchmark BSE Sensex, which is up 17.3 per cent year to date so far.
Swaraj expressed satisfaction over the agenda of the inaugural dialogue while giving the details of the deliberations.
The C295 is known to be a superior aircraft used for tactical transport of up to 71 troops or 50 paratroopers, and for logistic operations to locations that are not accessible to current heavier aircraft.
Sources also said that India meets the criteria for a US sanctions waiver for procuring S-400 missile defence systems from Russia and the Trump administration has 'enough flexibility' on the issue.
The presence of an engine maintenance, repair, and overhaul (MRO) facility in India could have prevented Go First airline from going "belly up", as sending engines abroad for servicing is not an efficient way to operate a carrier, Piyush Srivastava, senior economic advisor, Ministry of Civil Aviation, said in a statement on Tuesday. On May 3, Go First suspended its flights and filed for insolvency, squarely blaming engine manufacturer Pratt & Whitney (PW) for its cash crunch. The airline claimed that about half of its 54 aircraft were grounded on May 3 due to a delay in the supply of engines by the US-based company. PW has denied the charges.
'Implementation of the US-India Defence Technology and Trade Initiative is as much a test for the Modi government to direct its bureaucratic processes, as it is of US commitment,' says Lieutenant General Anil Chait (retd).
All the items identified for procurement from domestic defence manufacturers are used in shipbuilding. So far, the defence ministry has notified 127 items where purchase preference is given to local suppliers.
The Airbus C-295 can carry up to 71 troops, or 50 paratroopers with battle loads. It can ferry supplies to locations inaccessible to the IAF's heavy transport fleet.
"We work with other countries to develop their capabilities and support their efforts to make free sovereign choices. More broadly, we aim to advance peace and stability in the region," he asserted.
A peek into the life of a public-sector banker who did well professionally, but paid a price for it, points out Tamal Bandyopadhyay.
India and Japan are set to intensify defence cooperation with the two sides likely to launch a security consultative framework involving their foreign and defence ministers.
The first state visit of Prime Minister Narendra Modi to the US is likely to be a defining moment for Indo-US relationship and both sides are working on a robust outcome document that may take up matters that would decide the contour of the bilateral ties for decades to come, according to people familiar with the planning of the high-profile trip.
The Prime Minister will commission INS Vikrant at Cochin Shipyard Limited in Kochi and during the event, he will also "unveil the new naval ensign (Nishaan), doing away with the colonial past," the PMO said in a statement.
The first C-295 aircraft was inducted into Squadron No. 11 of the IAF. It is one of the oldest squadrons of the Indian Air Force (IAF) and is currently based at Vadodara Air Force Station.
Once deployed and operational, it will be used to support the satellite imagery requirements of various agencies within the government of Singapore.
It's a different Srinagar from what Rediff.com's Syed Firdaus Ashraf encountered 24 years ago. Tourists throng the Kashmir Valley post-Article 370, azaadi appears dead, and everyone says one man is responsible for this change, so what if his poster is nowhere to be seen.
India on Monday signed a nearly USD 3 billion (around Rs 198 crore) deal for purchase of 22 Apache attack helicopters and 15 Chinook heavy-lift choppers with American aviation giant Boeing and the US government.
United States aerospace major Boeing on Thursday said it received approval from the country's government to offer its F-15EX multi-role combat jet to the Indian Air Force.
'We have a common way of looking at the world, a common way of thinking, and a common set of values that predispose us to be partners. And our interests overlap greatly,' Dr Ashton B Carter, America's next defence secretary, told Aziz Haniffa/Rediff.com in an exclusive interview.
Some farmer outfits on Friday threw their weight behind the Central Industrial Security Force (CISF) woman constable who allegedly slapped actor and Bharatiya Janata Party MP-elect Kangana Ranaut, saying the entire sequence leading to the incident needs to be properly investigated.
The Defence Ministry on Friday inked a nearly Rs 20,000 crore contract with Airbus Defence and Space of Spain to procure 56 C-295 medium transport aircraft which will replace Avro-748 planes of the Indian Air Force.
Prime Minister Narendra Modi will retain DoPT, Atomic Energy as well as all important policy issues and portfolios not allocated.
An opportunity to enter a burgeoning sector at a low valuation and favourable policies are propelling some of India's largest corporate groups to scoop up drone start-ups. "Indian corporations lost the race in aerospace and space tech. "No one wants to miss the bus this time. "These are seasoned businessmen and they realise that the market cap of tech companies with problem-solving capabilities will exponentially rise in future," says Vipul Singh, CEO of Aarav Unmanned Systems (AUS).
'India-US defence pacts are seen by many analysts as a subtle move to jointly contain China's growing militarism, especially in the strategic Indian Ocean Region.'
