Page 5 - Defence Sector

FY 2021-22: HAL scales new peak, records revenue of over Rs 24,000 crore

The corresponding figure for the previous year stood at Rs 22,755 crore.

PM-led CCS approves procurement of 15 light combat helicopters

The ministry said it would be a potent platform to meet the operational requirements of the Indian Air Force and the Indian Army

Bengaluru would evolve as a Defence research and production hub: Bommai

Karnataka Chief Minister Basavaraj Bommai on Thursday said Bengaluru would evolve as a major hub of Defence research and production. The city would also meet the defence needs of not only India but of its friendly nations also, he added. Participating in a function to inaugurate the Flight Control System (FCS) Complex of Defence Research and Development Organisation (DRDO), Bommai said Bengaluru is home to over 180 Research and Development (R&D) institutions of international level. The city has highly competent and skilled manpower. Apart from a defence hub and industrial hub, a semiconductor hub too would come up in Bengaluru, he said and appealed to Defence Minister Rajnath Singh for all the support from the Union government and Ministry of Defence to develop the Defence Hub which could meet not only the domestic needs in the sector, but that of its friendly nations too. "Major developments are happening in the world and the world is looking up to India's guidance. It is because

Constantly working to enhance strategic capabilities, says Defence Minister

Defence Minister Rajnath Singh on Thursday said the defence needs of India have increased and the country is constantly working to enhance its strategic capabilities.

Rajnath inaugurates 7-storey R&D facility built by DRDO in record 45 days

Defence Minister Rajnath Singh on Thursday inaugurated a multi-storey facility for flight control system at Aeronautical Development Establishment here built by DRDO

PM Modi takes overview of global tech use in defence sector in CCS meet

Prime Minister Narendra Modi chaired a Cabinet Committee on Security (CCS) meeting and took stock of global technology usage in the defence sector and also India's advances in the same, sources said.

Sanctions on Russia unlikely to trouble defence sector: Niti Aayog member

India's defence sector will not face any problems because of the western sanctions on Russia, Niti Aayog member V K Saraswat said on Wednesday.

PM Modi to address post budget seminar on defence sector on Friday

The objective of the webinar is to involve all the stakeholders in taking forward the various initiatives of the Government in the defence sector.

Oman Navy delegation visits Mumbai; discusses defence cooperation

A four-member delegation headed Oman Navy visited the Western Naval Command on February 16-17 and interacted with senior officials, the Indian Navy said

MSMEs entering defence sector to help country become self-reliant: PM Modi

"MSMEs was one of the foremost sectors that benefited from the Aatmanirbhar Bharat package that has shown great results," said PM Modi.

BJP govt working to modernise Army, make defence sector self-reliant: Shah

Union Home Minister Amit Shah on Friday said that the ruling BJP government in Uttarakhand is working towards modernizing the Army

Indian Army signs contract with pvt sector aimed at 'Atmanirbhar Defence'

The Indian Army on Tuesday signed its first contract worth Rs 96 crore with Anadron Systems Pvt Ltd under Make-II for Maneuverable Expendable Aerial Target.

Rafale maritime fighter jet demonstrates operational capability in Goa

The Navy plans to acquire a fleet of combat jets for its indigenous aircraft carrier (IAC) Vikrant

INS Vikrant sea trials take it one step closer to its commissioning

With the navy confident about the ship's abilities during first 2 trials, Vikrant is now sailing out to undertake complex manoeuvres to establish readings of how the ship performs in various condition

Looking ahead to 2022

The defence ministry's year-end review focuses exclusively on the achievements, but it does offer a glimpse into the challenges ahead

Integration of forces to face challenges from adversaries: Rajnath Singh

Singh also handed over five DRDO products to the armed forces and other security agencies

Centre putting efforts to make defence sector 'Aatmanirbhar': Rajnath Singh

Defence Minister Rajnath Singh said that the central government has been making constant efforts to achieve 'Aatmanirbharta' in the defence sector

IAF chopper crash: Mortal remains of only 3 of 13 deceased identified

The mortal remains of only Chief of Defence Staff Gen Bipin Rawat, his wife Madhulika Rawat and Brig LS Lidder could be identified, officials said on Thursday.

Data Patterns IPO to open on Dec 14; sets price band at Rs 555-585/share

Data Patterns (India), which supplies electronic systems to defence and aerospace sector, on Thursday said it has fixed a price band of Rs 555-585 a share for its Rs 588 crore initial public offering

Best of BS Opinion: Indigenisation costs in defence, reforming MSP and more

Here is the best of Business Standard's opinion pieces for Friday