Publicly available information on the procurement of Agusta Westland helicopters clearly shows that the core issue in the matter is corruption.
On queries by the industry, Defence Minister Manohar Parrikar is understood to have clarified that P75(I) submarines, helicopters and fighter aircrafts could be the segments that will be looked into for selection of SPs. Light Combat Aircraft MK2 itself could be pursued under the SP route. “With multiple helicopter and fighter programs there could be one or two strategic partners in either,” sources said.
The Ministry of Defence will soon come out with a new set of guidelines and norms that will work as Standard-Operating-Procedures (SOP’s) for foreign companies seeking higher ownership beyond the existing 49% foreign direct investment (FDI) that is currently allowed in defence production.
Anupama Airy Tata Motors is betting big on Future Infantry Combat Vehicles or FICVs for the Indian Army even as contenders including L&T, Mahindra and Mahindra, Reliance Defence and Engineering Ltd and Titagarh Wagons Ltd are equally sure of the order that could run close to Rs 60,000 crore over the next few years. In […]
By Anupama Airy…PM Modi To Shortly Announce Induction Of India’s first indigenously developed nuclear submarine Arihant into the naval fleet. Once inducted into the Indian Navy fleet, the submarine will be called INS Arihant. Built at Vishakhapatnam, Arihant has been designed, developed and engineered by various agencies including the Defence Research and Development Organisation, the Department of Atomic Energy and the Submarine Design Group of the Directorate of Naval Design, besides private companies such as Larsen & Toubro (L&T).
Defence minister Manohar Parrikar on April 25 will chair a meeting of select industry leaders to discuss the recommendations made by his ministry’s task force on selection of strategic partners in critical areas of defence manufacturing such as building submarines, fighter jets besides other crucial segments…
Manohar Parrikar In An Exclusive Interview To DefenceAviationPost.com called IDDM in the new DPP policy as the biggest game changer. “A change won’t happen overnight.
My personal experience is that many JV’s have been negotiated and inked, but all of these don’t succeed till you have a definite program at hand (realised contracts within 2-3 years).
India’s Chief of Army Staff (COAS), General Dalbir Singh Suhag reviewed the conduct of Exercise SHATRUJEET in Rajasthan on April 22. During this exercise, with about 30,000 soilders in action, the Indian Army displayed its operational prowess of striking deep into the enemy territory in an integrated Air-Land battle environment for five days in the deserts of Rajasthan…..
The first edition of this years’ bi-annual Naval Commanders’ Conference which commenced on 21 Apr 16, concluded today after three days of fruitful deliberation. Chairing the conference, the Chief of the Naval Staff Admiral RK Dhowan addressed the Navy’s top leadership on myriad issues including enhancing the operational readiness of the Commands, infrastructure development, human […]