Closing the deal much below the asking price, India has finalised the much-touted deal for purchase of 36 French made Rafale fighter jets at around Euros 7.8 billion or Rs 58,600 crores, sources in the know told DefenceAviationPost….
“Defence Minister Manohar Parrikar will once again strike a tough bargain for India during the ongoing three day visit of the US Defence Secretary Ashton Carter, a bargain that will see the country benefitng on both the economic and strategic front besides gaining immensely on the technical front
The most worrying operational void of field artillery guns to support the Indian Army in battle is finally being addressed. Companies like Kalyani Group are all geared up…..
In line with PM Modi’s “Act East Policy”, India’s leading private sector company and largest auto maker by sales—Tata Motors, is all set to penetrate new markets in South East Asia and secure significant orders….
In an Exclusive interview to DefenceAviationPost.com, Defence Minister Manohar Parrikar said that India wants very good relations with Pakistan. He added that the atmosphere can be still better. “I am not averse to Pakistan’s participation at India’s Defence Expo (an event where so far Pakistan has never been invited before). I don’t see a big issue in inviting or not inviting Pakistan. Traditionally they have not been invited but there is no calibrated decision specifically taken in this regard.” When asked that he could have broken the trend and extended an invite to Pakistan this time around at the DefExpo, Parrikar said, “As I said the atmosphere needs to be developed still better…I hope they continue with the steps and slightly higher level of confidence may even result into Pakistan’s participation at the DefExpo. It is not a big deal.”
India and the US on Tuesday agreed to ink the much delayed Logistics Exchange Memorandum of Agreement or LEMOA, one out of the three foundational pacts that have been hanging in air for over a decade now. LEMOA is the agreement on sharing of military logistics between India and the American forces and will facilitate support such as refuelling and berthing facilities for each other’s warships and aircrafts on a reimbursable basis.
India’s defence industry is witnessing an important chapter in its history. For the first time, the industry (including big corporates, SMEs and MSMEs) is getting an opportunity to have wide….
The Indian Industry has never been this excited before.
Ahead of his maiden visit to China on April 18, India’s defence minister Manohar Parrikar has indeed kept Chinese sensitivities in mind and followed an extremely balanced and matured approach while taking decisions during the just concluded three day visit of the US defence secretary, Ashton Carter to India….
Anupama Airy Prime Minister Narendra Modi received the US Secretary of Defence Ashton Carter on the evening of April 12 and expressed satisfaction at the progress in bilateral defence cooperation between the two countries. Modi expressed hope that discussions with the framework of the Defence Technology and Trade Initiative between the two countries would progress […]