Page 3 - Defence Procurement
China's aggression, urgent need for arms put 'Make in India' on back burner
A key overseas procurement the MoD has initiated is for light tanks.
 "China's aggression, urgent need for arms put 'Make in India' on back burner")
Armed forces get special powers for individual procurement worth Rs 300 cr
The decision was taken at a meeting of the Defence Acquisition Council (DAC) headed by Defence Minister Rajnath Singh
 "Armed forces get special powers for individual procurement worth Rs 300 cr")
Defence reforms: Indian manufacturers looking to ride the opportunity
FM Nirmala Sitharaman had announced a series of measures to boost investments in India's defence and aerospace sector last week as part of the tranche 4 of the Rs 20 trillion economic stimulus
 "Defence reforms: Indian manufacturers looking to ride the opportunity")
Untangling regulations: Defence on Make in India drive; FDI cap hiked
Measures include negative import list, corporatisation of ordnance factories
 "Untangling regulations: Defence on Make in India drive; FDI cap hiked")
India jumps to third rank in global military expenditure, shows study
Spending grows 6.8% to $71.1 billion in 2019, outpacing Russia and Saudi Arabia
 "India jumps to third rank in global military expenditure, shows study")
New defence procurement policy gets mixed reaction from industry
The MoD has invited suggestions and recommendations by April 17. After that, DPP-2020 will be promulgated and will govern all acquisitions initiated thereafter
 "New defence procurement policy gets mixed reaction from industry")
India readying $2.6 billion US naval helicopter deal ahead of Trump trip
India's defence purchases from the United States have reached $17 billion since 2007 as it has pivoted away from traditional supplier Russia
 "India readying $2.6 billion US naval helicopter deal ahead of Trump trip")
MoD approves procurement of military platforms worth Rs 22,800 crore
The decisions were taken at a meeting of the Defence Acquisition Council chaired by Defence Minister Rajnath Singh
 "MoD approves procurement of military platforms worth Rs 22,800 crore")
Defence procurement procedure: MoD to release new system by March
The DPP stipulates the procedure for buying weapons and equipment from the defence capital budget, whereas the DPM governs acquisitions from the defence revenue budget
Key panel to review defence procurement policy, ensure faster acquisitions
The Defence Procurement Procedure 2016 (DPP) is due for revision. Officials said the panel will recommend measures to remove procedural bottlenecks and hasten defence acquisition
 "Key panel to review defence procurement policy, ensure faster acquisitions")
MoD clears Rs 460-bn purchase of missiles, guns and naval helicopters
In a badly-needed fillip to Army firepower, the DAC approved the manufacture of 150 indigenously designed and developed Advanced Towed Artillery Gun Systems
 "MoD clears Rs 460-bn purchase of missiles, guns and naval helicopters")
