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Bhaswar Kumar has over seven years of experience in journalism. He has written on India Inc, corporate governance, government policy, and economic data. Currently, he covers defence, security and geopolitics, focusing on defence procurement policies, defence and aerospace majors, and developments in India’s neighbourhood.
Bhaswar Kumar has over seven years of experience in journalism. He has written on India Inc, corporate governance, government policy, and economic data. Currently, he covers defence, security and geopolitics, focusing on defence procurement policies, defence and aerospace majors, and developments in India’s neighbourhood.
Business Standard presents the inaugural edition of the Blueprint Podcast
India's defence manufacturing and exports have seen significant shifts over the past decade in production volumes, export values, and private sector participation
India's defence spend has declined as a share of GDP and government expenditure, alongside a parallel drop in foreign acquisitions in capital defence purchases
Must include clear measures to enforce shorter procurement, say insiders
Advanced Project 75(I) seen as urgent amid China's growing presence in Indian Ocean
Apprehensions persist that a HAL-led joint venture or consortium could ultimately secure the bid to build the prototype of India's first stealth combat aircraft
The private industry has welcomed the Amca execution model, under which both private and public Indian defence firms have been given equal opportunity to compete for developing the fighter's prototype
Hindustan Aeronautics CMD D K Sunil says the aerospace major is leveraging private-sector partnerships to boost production capacity and address the IAF's concerns over depleting squadron strength
With enhanced stealth features and state-of-the-art weapons and sensors, the P-17A ships are a significant upgrade from the previous P-17 class
The country has one of the largest defence-industrial bases in the developing world: 16 DPSUs, over 430 licensed companies, about 16,000 micro, small, and medium enterprises, and 46 DRDO labs
Dassault Aviation CEO Eric Trappier says Rafale is better than the American F-35 stealth jet and far superior to all Chinese aircraft in the market when it comes to being an omnirole aircraft
India's annual defence production reached a record ₹1.46 trillion in FY25 - up almost 15 per cent over the previous high of ₹1.27 trillion in FY24
After record Rs 2.09 trillion awarded in FY25, Defence Secretary Rajesh Kumar Singh says FY26 to continue momentum, prioritising domestic industry and technology
"The agreements between Dassault and TASL also come amid a growing focus on boosting private sector participation in the production of indigenous combat aircraft."
Defence Secretary Rajesh Kumar Singh underscored that FY25 marked the first time in five years that the military modernisation budget was fully exhausted
Defence Secretary Rajesh Kumar Singh calls on private sector to scale up R&D and capital equipment investment while assuring full govt support
Defence minister said that defence exports also hit a record high in the previous financial year, crossing ₹24,000 crore, an increase of nearly 14 per cent from ₹21,083 crore in FY24
Experts say increasing the defence budget as a share of GDP even by ten basis points could significantly increase access to funds
The report notes that achieving the vision of India as a developed nation by 2047, particularly through a strengthened defence sector, faces several roadblocks and challenges
Defence Minister Rajnath Singh approves stealth jet programme execution model, which provides equal opportunity to both private- and public-sector players on a competitive basis