Page 12 - Defence Firms

Govt policy tailwinds to drive 15% CAGR in India's defence production

The government's ongoing policy push for import substitution and exports is a big propellent, driving the 15 per cent CAGR in India's defence production turnover

Occupation hazards

Indefinite control of Gaza will not bring peace

India-Nepal border guarding forces' talks to begin in Delhi tomorrow

Border guarding forces of India and Nepal will hold a three-day bilateral meeting here from Monday and discuss measures to curb trans-frontier crimes and timely sharing of intelligence inputs, an official said. The seventh edition of the annual coordination talks between the two countries is led by India's Sashastra Seema Bal (SSB) director general Rashmi Shukla and the visiting inspector general of the Armed Police Force (APF) of Nepal, Raju Aryal. The meeting will be in Delhi from November 6 to 8, the official said on Sunday "The talks at the level of two heads of the forces serve as a crucial platform for both forces to engage in discussions on border-related matters," an official statement said. "The SSB and APF delegations aim to strengthen the coordination between the two border guarding forces for more effective management of the open and unfenced India-Nepal border," it said. The "focus" of the meeting shall be on the development of effective mechanisms to collaboratively

India's defence exports cross Rs 6,000 crore in FY24, shows DDP data

Total defence exports over the last five years has now crossed Rs 52,000 crore

Rajnath Singh visits Safran's engine manufacturing facility near Paris

Defence Minister Rajnath Singh on Wednesday visited a jet engine manufacturing facility of French firm Safran near Paris and witnessed latest developments in aero-engine technology. Singh's visit to the facility at Gennevilliers assumed significance as Safran is looking at co-developing a fighter aircraft engine in India under a mega project. The defence minister is visiting France after concluding his trip to Italy. Singh also interacted with a group of CEOs of top French defence companies in Paris and highlighted to them the advantages of co-development and co-production of defence hardware in India that he said could be exported to third countries. The defence ministry said Singh visited the Safran Engine Division's R and D Centre at Gennevilliers near Paris and witnessed the latest developments in aero-engine technology. It said Olivier Andries, the Global CEO of Safran, welcomed the defence minister to the facility and, along with his team, gave a detailed briefing to ...

Govt announces positive indigenisation list to boost defence manufacturing

India on Wednesday announced a fresh list of 98 military hardware including complex systems, sensors, weapons and ammunition that will only be only be procured from domestic industry after a ban on their import kicks in under a staggered time-line. Defence Minister Rajnath Singh made the announcement about the fifth positive indigenisation list at the 'Swavlamban 2.0' seminar organised by the Indian Navy. The key items included in the list are futuristic infantry combat vehicle, remotely piloted airborne vehicles (up to 25 km range with payload of 2 kg for Army), shipborne unmanned aerial system, medium upgrade low endurance class tactical drone, next generation low-level light radar for Army and electro optic fire control system for naval platforms. The list also comprised armour plates for cabin nose section for Mi-17 helicopter, multifunction aviation ground equipment for Air Force, gravity rollers for Mi-17 V5 helicopter and flares of P-8I and MiG 29-K aircraft. The new "positi

Navy displays Dronaam counter-drone system at Swavalamban 2023 exhibition

Also, the Indian Navy's anti-swarm drone 30 mm ammunition is displayed at the Indian Navy's Swavalambam 2023 exhibition at Bharat Mandapam

Goodluck India to expand Defence & Aerospace wing by raising Rs 96 crore

Goodluck Defence and Aerospace Private Ltd will manufacture machinery for the defence and aerospace industry

Google Cloud partners with CERT-In to train govt officials in cybersecurity

The initiative includes training a 'cyber force' of 1,000 government officials in cyber defence best practices.

India now developing own defence production tech: Ex-defence secretary

Former defence secretary Ajay Kumar on Tuesday said India is now developing its own defence production technologies independent of foreign OEMs. He said earlier domestic companies mostly relied on licensed technology transfer from foreign OEMs (Original Equipment Manufacturer) for producing certain goods. "Foreign OEMs put a lot of restrictions on the production process, limiting the units manufactured and sold," he said. Maintaining that the best technology never came to India, Kumar said at most the second-best could be obtained at a higher cost. "However, we are now developing our own defence production technologies which can be altered and modified at our will," he said, while speaking at a session on 'Defence Innovation Ecosystem and Opportunities' organised by Bharat Chamber of Commerce here. Kumar said the world is transforming from a kinetic, contact-based warfare to a non-kinetic, non-contact-based warfare. The former defence secretary said emerging technologies need to

Garden Reach Shipbuilders rallies 33% in 2 days post June quarter results

The BSE has sought clarification from Garden Reach Shipbuilders & Engineers Ltd with reference to movement in volume

India, Italy to sign MoU in defence sector soon: Ambassador Vincenzo Luca

Italy's Ambassador to India Vincenzo De Luca has said the two countries would soon sign a bilateral pact in the defence sector to ramp up their military ties and maintained that Rome was working hard to contribute to the 'Make in India' programme. In a move to enhance navy-to-navy cooperation between the two countries, Italian Navy's warship ITS Morosini is on a port visit to Mumbai from August 10 to 13. Italian Navy officials will also meet the top brass of the Mumbai-headquartered Western Naval Command during this period. "We are working very hard to contribute to the programme of self-reliance, Make in India," Luca said on Thursday at a press conference here. He said that there are some specific technologies where Italy can add value to the Make in India programme, namely torpedo, helicopter, radar, electronic warfare and shipyard. Make in India is the Narendra Modi government's flagship programme that aspires to facilitate investment, foster innovation, enhance skill ...

Defence order wins, market share gains positive for Ashok Leyland

Muted sequential Q1 performance may cap near-term upsides

Zen Technologies surges 24% in 2 days after winning Rs 340 cr export order

Thus far in the current calendar year, the stock has skyrocketed 184 per cent, as compared to 7.5 per cent rise in the S&P BSE Sensex.

Defence stocks on roll: Mazagon Dock, BDL, Cochin Shipyard surge up to 10%

Mazagon Dock Shipbuilders hit a new high of Rs 1,584, as the stock rallied 10 per cent on reports that MoD has cleared the procurement of three additional Scorpene or Kalvari class submarines.

CBI flies FIR against suspended defence firm for duping bank of Rs 30 cr

In March this year, the Ministry of Defence suspended apparel and bulletproof jackets manufacturer Adigear International from doing any business with the armed forces

Indian defence industry showcases capabilities to delegation from Thailand

The Department of Defence Production on Thursday met a delegation from Thailand and exhibited state-of-the-art capabilities of the Indian defence industry. The interaction with the delegation led by Deputy Chief of Air Staff, Royal Thai Air Force (RTAF), Air Marshal Piboon Vorravanpreecha was focused on strengthening the defence ties, a statement by the Ministry of Defence said. "The Indian defence industries presented their state-of-the-art capabilities to the Thai delegation, marking a significant milestone in strengthening the defence cooperation between the two nations. The event was aimed at deepening mutual understanding, exploring potential partnerships, and contributing to the regional security," it said. During the event, both sides expressed their commitment to forging strong defence ties and exploring avenues for joint research, technology transfer, and strategic partnerships. The presentations and discussions would pave the way for future cooperation in areas of mutual

An ode to start-ups in defence

Policy initiatives like Idex have put the defence industry on the path to self-reliance. It is time now to expand and build upon this success to achieve the broader objective of Make in India

Indian army receives its first Mahindra Armado; all you need to know

Given its design and build, it can operate effectively in tough terrains like open fields or even in deserts

We can work on hypersonic missiles too: Former BrahMos Aerospace chief

The grand Silver Jubilee Year celebration by India-Russia JV entity BrahMos Aerospace culminated on a high note on Monday in the presence of the company's CEO and MD Padma Bhushan Dr A.S. Pillai