Page 10 - Defence Sector
For achieving self-reliance in defence, focus on other sectors must: PSA
VijayRaghavan said the ongoing coronavirus pandemic has highlighted how vital it is to be protected from the disruption of global supply chains
 "For achieving self-reliance in defence, focus on other sectors must: PSA")
India's self-reliance in defence sector to boost global standing: PM Modi
The government has opened the way for 74 per cent FDI (Foreign Direct Investment) in defence production through automatic route, PM noted
 "India's self-reliance in defence sector to boost global standing: PM Modi")
Australia boosts defence spending by A$1 bn in latest coronavirus stimulus
Australia has so far promised to spend about A$260 billion in stimulus to support its ailing economy
 "Australia boosts defence spending by A$1 bn in latest coronavirus stimulus")
Jindal Aluminium increasing focus on defence, aerospace segments: MD
Ruling out inorganic route to scale up, he said they plan to increase output gradually in a modular manner every year so that both manpower and technology go hand in hand to meet rising demand
 "Jindal Aluminium increasing focus on defence, aerospace segments: MD")
More defence import embargoes soon, industry asked to step up
Army spells out four kinds of equipment it wants to be made by domestic manufacturers
 "More defence import embargoes soon, industry asked to step up")
India preparing country-wise profiles of defence products for exports
To promote indigenous production, the Defence Ministry on August 9 announced restrictions on import of 101 weapons and military platforms
 "India preparing country-wise profiles of defence products for exports")
Border tensions may spoil India's plan to boost manufacture of weapons
Modi's efforts to transform the world's biggest arms importer into a defense manufacturing powerhouse have remained a non-starter since the idea was first proposed in 2014
 "Border tensions may spoil India's plan to boost manufacture of weapons")
Defence policy creates room for local players
The case for restricting imports and encouraging procurement from domestic sources is easy to make
Mammoth steps taken to make India self-reliant in defence sector: PM Modi
"Our Tejas is getting ready to equip itself as per the modern requirements, for putting up a show of its majesty, speed and strength," he said
 "Mammoth steps taken to make India self-reliant in defence sector: PM Modi")
Taiwan to increase defence spending as China details combat drills
China has stepped up its military activity near Taiwan, which it regards as a breakaway province
 "Taiwan to increase defence spending as China details combat drills")
India cannot keep depending on imported defence supplies: Rajnath Singh
Singh made the comments after launching a number of new products brought out by several defence public sector undertakings and the Ordinance Factory Board
 "India cannot keep depending on imported defence supplies: Rajnath Singh")
Why Atmanirbhar could be govt's biggest gift to Indian pvt sector in 30 yrs
Despite the largesse, however, it remains to be seen whether or Indian companies can shrug off the old habit of jugaad, tweaks and twists
 "Why Atmanirbhar could be govt's biggest gift to Indian pvt sector in 30 yrs")
HAL soars 6%, hits 52-week high as MoD okays acquisitions worth Rs 8,722 cr
Of the Rs 8,722 crore worth of acquisitions, bulk will go towards purchasing the first fixed wing aircraft that HAL has designed and developed in decades
 "HAL soars 6%, hits 52-week high as MoD okays acquisitions worth Rs 8,722 cr")
More items to be included in list of banned defence imports: Rajnath Singh
The Atmanirbharta Saptah (self-reliance week) will be a witness to initiatives pertaining to modernisation & up-gradation of facilities by DPSUs & OFB
 "More items to be included in list of banned defence imports: Rajnath Singh")
Govt to unveil more steps to attract investment in defence sector: Rajnath
The defence minister's comments came after he unveiled new infrastructure and facilities in a number of leading state-run defence majors to enhance their production lines and capabilities
Invoking self-reliant India, govt bans import of 101 defence items
Modi endorsed the new import embargoes from his own Twitter account
 "Invoking self-reliant India, govt bans import of 101 defence items")
New defence measures a game changer for indigenous firms: India Inc
Chief executive officers (CEOs) of defence companies said if the plan is implemented well, this will help India become a net exporter
 "New defence measures a game changer for indigenous firms: India Inc")
Defence minister Rajnath singh to launch 'Atmanirbhar Bharat Saptah' today
The event will be held at 3.30 pm, the defence minister's office tweeted on Sunday night
MoD procurement policy proposes ban on import of specific weapons
The draft DAP-2020 retains the first draft's emphasis on promoting higher indigenous content in equipment manufactured in India, including under licence from foreign vendors
 "MoD procurement policy proposes ban on import of specific weapons")
Insurance may get 'strategic sector' tag under new privatisation policy
Other sectors that could get the 'strategic' tag are railways, oil and gas, defence, space and atomic energy
 "Insurance may get 'strategic sector' tag under new privatisation policy")
