Page 9 - Defence Sector

Reading the defence budget tea leaves

MoD has managed the defence budget well in a difficult year, but long-term fixes are needed

Biden govt wants to continue to deepen defence ties with India: US official

The United States' defence ties and cooperation with India will continue to deepen under President Biden-led administration, a top ranking US official said

Can't be dependent on other countries for India's defence: Rajnath Singh

Singh said on Tuesday India cannot remain dependent on other countries for its defence

Security forces guarding Pak, China receive enhanced funds in Budget

The central security forces guarding the India-Pakistan, Sino-Indian and other frontiers have received an increased amount of funds amid tension with India's western and northern neighbours.

Govt allocates Rs 4.78 trillion to defence for 2021-22 in Budget 2021

The defence budget, including outlay for payment of pensions, was increased to Rs 4.78 trillion for 2021-22 as against last year's Rs 4.71 trillion

Rafales and self-reliance

India seeks self-reliance even as it faces the strategic challenge of a real two-front threat scenario. This calls for defence requirements to reacquire budgetary priority

Boeing gets nod from US government to offer F-15EX jet to India: Official

The firm said it received approval from the US government to offer its F-15EX multi-role combat jet to the Indian Air Force

India to soon become big producer of defence equipment: PM Modi

Prime Minister Narendra Modi on Thursday addressed a National Cadet Corps (NCC) rally

Red-tapism made acquisition process a vicious cycle: Indian Army Chief

Self-reliance is a strategic necessity but to achieve it a revolution is needed in bureaucratic affairs, Indian Army Chief General Manoj Mukund Naravane said

HAL stock takes flight on robust order book, indigenisation focus

The over Rs 47,000 cr light combat aircraft order has boosted growth prospects, while valuation remains reasonable

Hindustan Aeronautics soars 14% on $6 billion government defence deal

The government said it would buy 83 fighter aircraft from the company for over $6 billion in the biggest defence deal for a homegrown company

Tech Mahindra partners with College of Military Engg for defence solutions

IT major Tech Mahindra on Tuesday said its research and development arm, Makers Lab, has collaborated with the College of Military Engineering (CME), Pune to address challenges in the field of defence through technological innovations. CME will leverage the partnership to address critical military problem statements and be future-ready using next-generation technologies of Artificial Intelligence (AI) and Robotics, a statement said. Through this collaboration, Makers Lab will provide real world technological exposure to the army officers at CME and assist them in getting the nuances of next-generation technologies such as AI, Machine Learning (ML), Robotics, Internet of Things (IoT), Augmented and Virtual Reality (AR/VR) to make them future-ready for modern-day warfare, it added. As a part of this partnership, Tech Mahindra will establish a Makers Lab at CME to utilise their diverse set of capabilities and promote R&D to provide cutting-edge technology solutions for defence ...

3-month extension given to defence forces for emergency weapon acquisition

The defence forces have been buying a number of spares, weapons, missiles and systems

Defence tech service provider hacked, company claims Rs 50-cr loss

The company, ELCOM Innovations, provides technology solutions to the country's defence forces

Rajnath approves new procurement manual for DRDO to encourage research

Rajnath Singh said that the new manual will help towards realising Prime Minister Narendra Modi's dream of Atma Nirbhar Bharat

Defence industry must evolve to meet needs of armed forces: Army Vice Chief

The Indian defence industry needs to evolve to provide solutions for the protection requirements of armed forces, Indian Army Vice Chief Lieutenant General S K Saini said on Saturday

Cong urges govt to reverse decisions on privatisation of ordnance factories

Some Congress leaders demanded that the govt reverse its decisions on proposed privatisation of ordnance factories and FDI policy changes in defence, saying they compromise national security interests

Aero India will be gateway to invest in defence sector: Rajnath Singh

Union Defence Minister Rajnath Singh said on Wednesday that the 13th Aero India would help India rank among the top five countries of the world in defence and aerospace industries

Industry executives relieved by restrictions in new defence FDI policy

Raised FDI cap is not on offer to companies that already have government approval for 49 per cent FDI in a joint venture.

Govt permits up to 74% FDI under automatic route in defence sector

The government has permitted FDI of up to 74 per cent under automatic route in the defence sector with a view to attracting overseas investors, according to a press note issued by the DPIIT