The Congress Party is in a thick soup with the ruling BJP government throwing open some pertinent questions on the Agusta Westland helicopters deal that the Congress Lieutenants are finding it difficult to answer.
The total procurement for three services (Army, Navy and Air Force) for year 2014-15 was Rs. 78753.85 Crores, out of which the procurement from indigenous sources was Rs. 49531.55 Crores. The value of production of Defence Public Sector Undertakings (DPSUs) and Ordnance Factories in the same year was Rs. 46936 Crores. Since the opening of […]
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.
DefenceAviationPost.com – Your Very Own Digital Platform for Defence and Aviation news, announces its formal launch a day ahead of the DefExpo India 2016. To mark its launch, this digital platform, that believes in delivering “FACTS”, spoke exclusively to Defence Minister, Manohar Parrikar, Deputy Chief of Army Staff, Lt Gen Subrata Saha and prominent industrialists including the Senior Vice President and Head Defence & Aerospace, Member of the Board L&T Heavy Engineering, J D Patil and the Chairman and Managing Director, Bharat Forge, Baba Kalyani for their views on how they view the growth of India’s Defence sector, the new DPP, on the changes they will like to see in the backdrop of huge investments that is anticipated in this crucial and strategic sector and lastly on industry’s existing capabilities and the road ahead. So enjoy these interviews and do send your comments to us at: email@example.com or firstname.lastname@example.org
With Best Wishes Message From RM, Manohar Parrikar