Page 3 - Defence Manufacturing

France wants to be India's best partner in defence manufacturing: Lenain

France wants to be India's "best partner" in boosting its defence manufacturing and has decided to share the best technologies and equipment in sync with the growing "trust" between the two sides, French Ambassador Emmanuel Lenain has said. Without divulging specific details, the envoy said French and Indian companies are working together on "equipment of the future", platforms and engines. "I do not think any country provides India with the same level of technology. The progress is also due to the fact that we recognise that India wants to boost its strategic autonomy, wants to build its industrial base and we want to be India's best partner in this move," he told PTI. Indo-French strategic ties have been on a major upswing after India inked an inter-governmental agreement with France in September 2016 for the procurement of 36 Rafale jets at a cost of around Rs 59,000 crore. "Defence has always been a very strong component of our cooperation because there is a lot of trust betwee

Defence Ministry bans import of 107 strategically important sub-systems

DPSUs will offer these identified LRUs/Sub-systems for industry led design and development

Budget 2022: Will 68% earmarking boost indigenous defence manufacturing?

Budget 2022 proposals seem to give a big push to Make in India in defence with 68% of capital procurement allocation earmarked for domestic industry. What does this mean for India's defence industry?

TMS, Ep 100: Cryptocurrency tax, defence industry, markets, and green bonds

How will new tax rules impact crypto investors? How will the domestic defence industry get a fillip? Why are bond yields rising after Budget 2022? Get answers to these questions in today's episode

Ordnance factories' moment in history

As the government restructures defence manufacturing, it must keep in mind that changing the functional model alone won't improve efficiency

A point for HAL Nashik to ponder: What after Sukhoi-30MKI fighters?

Used to totting up over Rs 6,000 crore each year from the assembly of 15-16 Sukhoi-30MKIs, HAL's Nashik division is now scrabbling for orders

PM Modi invites private firms for manufacturing of defence equipments

"I would urge the private sector to come forward in manufacturing as well as in design and development, waving India's glory worldwide," the Prime Minister 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

A pragmatic approach to defence FDI

Direct procurement from abroad should be made conditional on setting up manufacturing facilities in India

India invites Israeli companies to meet $130 billion weapons need

Defence ministry sets target of 70 per cent self-reliance in weaponry by 2027

India, US sign agreement to strengthen dialogue on defence tech cooperation

India and the United States on Tuesday signed a statement of intent to strengthen the bilateral dialogue on defence technology co-operation

Adani's defence subsidiary acquires majority stake in PLR Systems

The transaction was completed by way of a cash transaction with one of the existing shareholders of PLR Systems

Defence, LCV and buses to be key growth levers at Ashok Leyland: Chairman

Dheeraj Hinduja says company's future product plans would revolve around auto buzzword CASE mobility. CASE is an acronym for Connected, Autonomous, Shared & Electric vehicles

PM Narendra Modi urges industry to play a larger role in defence

Prime Minister Narendra Modi delivered an 18-minute speech on Thursday, talking up the government's "self reliant India" policy in defence

MoD go-ahead to 'Make in India' acquisitions worth Rs 8,722 crore

The bulk of this will go towards purchasing the first fixed wing aircraft that Hindustan Aeronautics (HAL) has designed and developed in decades

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

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

PM to present new outline for a self-reliant India on Aug 15: Rajnath Singh

"Our government will not allow any harm to India's self respect and sovereignty at any cost," the defence minister said

Govt ends monopoly in coal mining, ups FDI limit in defence manufacturing

The government will put up six more airports for auction and "ease" restrictions on Indian air space, says Nirmala Sitharaman.

Karnataka exempts aerospace and defence firms from Covid-19 lockdown

Indian aerospace and defence firms believe that uninterrupted and timely supply remains critical for their credibility