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Russian Defence Industry Seek GoI Ratification Of Their Engagements With Private Indian Defence Firms

Russian Defence Industry Seek GoI Ratification Of Their Engagements With Private Indian Defence Firms

While showing a keen interest in taking the ‘Make in India’ initiative further with Indian defence firms, the Russian defence industry has asked the Indian government to put in place some kind of a ratification mechanism (that is actually not a guarantee but some kind of official government backing) for its engagements with the private defence companies of India.

Human Angles Of Defence Procurement

Human Angles Of Defence Procurement

The Defence Procurement Procedure 2016 was hailed as the panacea for defence procurement all ills that ail the procurement system.

Parrikar: a performer at South Block

Parrikar: a performer at South Block

Manohar Parrikar demonstrated urgency in arms purchases, but failed to take measures to synergise combat capabilities During his tenure as India’s Defence Minister, Manohar Parrikar came across as a sincere and perceptive leader and an accomplished manager. He gave a free hand to the Army to engage proactively on the LoC. He got the Prime […]

Arun Jaitley Assumes Additional Charge, Humungous Tasks Ahead For Manohar Parrikar’s Successor In Defence Ministry

Arun Jaitley Assumes Additional Charge, Humungous Tasks Ahead For Manohar Parrikar’s Successor In Defence Ministry

Finance Minister Arun Jaitley on Tuesday assumed the additional charge of the defence ministry until Prime Minister Narendra Modi gets a suitable candidate to hold this coveted and strategic portfolio of defence.

Manohar Parrikar overhauled defence procurement, sent strong message to Pakistan

Manohar Parrikar overhauled defence procurement, sent strong message to Pakistan

Manohar Parrikar’s 27-month tenure as defence minister has been eventful with several achievements under his belt, including the new Defence Procurement Policy (DPP)

Defence Ministry Returns To Arun Jaitley, Industry Hopeful of Continuity

Defence Ministry Returns To Arun Jaitley, Industry Hopeful of Continuity

Arun Jaitley is India’s new Defence Minister and will be holding the additional charge of defence ministry along with Finance.

Major orders are still awaited and the delay in decision making is affecting the credibility of Indian Industries with OEMs, says Jayant D Patil.

Major orders are still awaited and the delay in decision making is affecting the credibility of Indian Industries with OEMs, says Jayant D Patil.

Orders to Private Sector seem to be getting mired under repeated decision cycles while conclusion of contracts has been visible in favour of foreign OEMs and DPSUs. The pace of decision making nearly adds a clear year between contract conclusion and award of contract. This only adds cost at the hands of the contractor due to inflationary trends. This calls for process reforms, says Jayant D Patil.

India’s Defence Budget Up 6%, Higher Capital Allocation Cheers Defence Industry

A move that cheered the defence industry on Wednesday, Finance Minister Arun Jaitley in his Budget proposals for 2017-18 increased the defence budget allocation to Rs 2,74,114.12 crore, a 5.6% increase over the revised estimates of the present year. This exclude Defence pension that is not part of this allocation. Significantly, this shows that India’s defence […]

Streamline Procurements To See That Budget Lapse Is Not More Than 2-3% : Roomie Dara Vakil, Solar Industries India Ltd

Last year the budget was Rs.2.58 Lakh crores of which Rs.88,000 crores was for Capital expenditure. In the last four years Rs.35,000 crores capital expenditure has not been utilized and there is a 10% lapse every year.

Amidst Delays, 5000 Bulletproof Jackets Acquired For The Army

Union Defence Minister Manmohar Parrikar told the Upper House of the Parliament on November 22 that in order to meet the immediate requirement of Bullet Proof Jackets (BPJs), an order for supply of 50,000 BPJs, through revenue expenditure route, has been placed on 31.3.2016, against which the first consignment of 5000 BPJs has been delivered on 15.10.2016. The Defence […]

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