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Defence Procurement

India to build HAMMER strike system with France. What this weapon can do

Rather than functioning as a traditional missile, the HAMMER is a modular guidance-and-propulsion kit attached to unguided bombs, enabling precision strikes for the Rafale and Tejas from stand-off ran

India to build HAMMER strike system with France. What this weapon can do
Updated On : 25 Nov 2025 | 12:36 PM IST

Centre approves procurement proposals worth ₹79,000 crore for armed forces

The Defence Acquisition Council has cleared procurement proposals, including purchases of missiles, ships, torpedoes, and advanced surveillance systems, to boost India's defence capability

Centre approves procurement proposals worth ₹79,000 crore for armed forces
Updated On : 23 Oct 2025 | 6:21 PM IST

Pvt defence firms to continue double-digit growth in FY26: Crisil Ratings

The strong growth momentum comes on the back of a significant policy push by the government, which has been drawing sizeable private investments for the sector

Pvt defence firms to continue double-digit growth in FY26: Crisil Ratings
Updated On : 23 Sep 2025 | 3:18 PM IST

Need 100K startups, shorter acquisition cycles in defence: Rajinder Bhatia

Kalyani Group's defence head Rajinder Singh Bhatia highlighted the need for scaling startups, embracing civilian tech for defence, and shortening acquisition cycles

Need 100K startups, shorter acquisition cycles in defence: Rajinder Bhatia
Updated On : 20 Sep 2025 | 12:46 PM IST
Blueprint

Defence spending, foreign buys decline

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

Defence spending, foreign buys decline
Updated On : 02 Sep 2025 | 1:47 PM IST
Blueprint

India ramps up anti-terror arsenal with ₹2K cr emergency procurement push

The latest procurements of drones, loitering munitions, and detection systems highlight the Defence Ministry's push to equip the Indian Army with cutting-edge, indigenous tech for vital missions

India ramps up anti-terror arsenal with ₹2K cr emergency procurement push
Updated On : 24 Jun 2025 | 5:04 PM IST

India searches for partners beyond US to build fighter jet engines

The engines being considered are from the UK, France and Japan and India wants to start the project quickly

India searches for partners beyond US to build fighter jet engines
Updated On : 30 May 2025 | 12:46 PM IST

India's defence budget may near Rs 32 trillion by 2047: CII-KPMG report

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

India's defence budget may near Rs 32 trillion by 2047: CII-KPMG report
Updated On : 29 May 2025 | 10:40 PM IST

MoD to expand competitive bidding for defence procurement: Defence Secy

As part of its 'Year of Reforms' agenda, the Ministry of Defence will enhance ease of doing business, streamline export approvals, and address procedural challenges for private firms

MoD to expand competitive bidding for defence procurement: Defence Secy
Updated On : 05 Mar 2025 | 11:22 PM IST

Army plans to boost air defence capabilities with new guns, potent radars

With drones and other disruptive technologies impacting the dynamics of warfare as demonstrated in recent conflicts, the Army Air Defence has drawn a roadmap to boost its capabilities through replacement of two of its old platforms, induction of new fragmentation ammunition for existing air defence guns, and deployment of more potent radars. Besides, the army is also hoping to place a contract for the indigenously developed Quick Reaction Surface to Air Missile (QRSAM) system within 4-5 months, a top official said on Friday. The Corps of Army Air Defence holds a large variety of missile systems and guns in its inventory such as the L70, Zu-23mm, Schilka, Tanguska and Osa-AK missile system. "The fashion of guns is back. The army sustained them for good reason and these guns can be effectively used with fragmentation ammunition," Director General of Army Air Defence (AAD), Lt Gen Sumer Ivan D'Cunha, said. Asserting the need for modernisation with an emphasis on 'Aatmanirbhar Bharat',

Army plans to boost air defence capabilities with new guns, potent radars
Updated On : 22 Feb 2025 | 7:35 AM IST

Rajnath, US' Hegseth agree to work on 10-yr framework to boost defence ties

Defence Minister Rajnath Singh and his American counterpart, Pete Hegseth, agreed on Thursday to work on a 10-year comprehensive framework to bolster the India-US defence partnership, especially in the spheres of intelligence, logistics, operational and industrial engagement. Singh said Hegseth reviewed various aspects of the bilateral defence ties in a phone conversation that came less than a week before Prime Minister Narendra Modi's planned trip to Washington. It was Singh's first phone conversation with Hegseth after the latter was confirmed as the US defence secretary on January 25. An Indian readout of the conversation said India and the United States have agreed to work together to draft a comprehensive framework on defence cooperation, aimed at structuring the bilateral collaboration for the 2025-2035 period. It said Singh and Hegseth reviewed the extensive India-US defence cooperation activities, covering "multiple domains in land, air, maritime and space". In a post on X

Rajnath, US' Hegseth agree to work on 10-yr framework to boost defence ties
Updated On : 06 Feb 2025 | 11:38 PM IST

Defence ministry signs contract to procure 6 air cushion vehicles

The defence ministry on Thursday signed a contract with a private firm to procure six Air Cushion Vehicles for the Indian Coast Guard at a total cost of Rs 387.44 crore. These amphibious vessels, also called 'Hovercrafts', will be procured under the Buy (Indian) category, the ministry said in a statement. The Ministry of Defence "signed a contract with Chowgule & Company Pvt. Ltd., Goa for procurement of six Air Cushion Vehicles (ACVs) for the Indian Coast Guard at a total cost of Rs 387.44 crore," it said. These ACVs will be manufactured in India for the "first time in line with the 'Aatmanirbhar Bharat' vision of the government, representing a pivotal step in the nation's shipping landscape," it said. The project will also significantly enhance the technical expertise and growth of indigenous ancillary, especially the MSME sector. "The procurement is aimed at boosting the Indian Coast Guard's capability and reinforces the increased focus towards maritime security," the statement

Defence ministry signs contract to procure 6 air cushion vehicles
Updated On : 24 Oct 2024 | 6:15 PM IST

Defence stocks soar up to 7% after govt okays building 2 nuclear submarines

The Indian Navy will get two nuclear-powered attack submarines, which will boost its underwater deterrence capabilities manifold in the Indian Ocean Region.

Defence stocks soar up to 7% after govt okays building 2 nuclear submarines
Updated On : 10 Oct 2024 | 2:39 PM IST

Centre may clear acquisition of US MQ-9B Predator drones for $3.1 billion

In a boost to India's defence capabilities, the Cabinet Committee on Security, led by PM Modi, is expected to approve the acquisition of 31 MQ-9B Predator drones from the US for $3.1 billion

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Updated On : 09 Oct 2024 | 11:09 AM IST

Govt okays procurement of navigation system for armoured fighting vehicles

The defence ministry on Monday approved procurement of navigation system for armoured fighting vehicles of the Indian Army and 22 interceptor boats for the Coast Guard. The acquisition proposals were cleared by the Defence Acquisition Council (DAC) that was chaired by Defence Minister Rajnath Singh. The cost of the procurement of the navigation system and the interceptor boats is not immediately known. The DAC deliberated on a number of other capital acquisition proposals, the defence ministry said without elaborating. "Acceptance of Necessity (AoN) was accorded to the procurement of Advanced Land Navigation System (ALNS) for Armoured Fighting Vehicles (AFVs) of the Indian Army. The system is spoof-proof with high levels of encryption," it said. It said the ALNS Mk-II is compatible with Indian Regional Navigation Satellite System, NAVigation using Indian Constellation in addition to Global Positioning System (GPS) and Global Navigation Satellite System. The ministry said ALNS Mk-

Govt okays procurement of navigation system for armoured fighting vehicles
Updated On : 29 Jul 2024 | 5:15 PM IST

Exim Bank extends $23 mn line of credit to Guyana for aircraft procurement

The Export-Import Bank of India (Exim Bank) on Tuesday announced it has extended a USD 23.37 million (about Rs 194 crore) line of credit to the government of Cooperative Republic of Guyana for the procurement of two aircraft from India for the South American country's defence forces. An agreement was signed on March 15 between Guyana's senior minister in the office of the President with responsibility for finance and the public service, Ashni K Singh, and the policy bank's deputy general manager Sanjay Lamba in the presence of High Commissioner of India to Guyana, Amit Telang. With this line of credit (LOC), the bank has 292 LOC in place now, covering 62 countries in Africa, Asia, Latin America, CIS, and Oceania, with credit commitments of around USD 2.72 billion available for financing exports from India.

Exim Bank extends $23 mn line of credit to Guyana for aircraft procurement
Updated On : 19 Mar 2024 | 7:30 PM IST

Govt inks deal with AVNL for 693 armament upgrades for combat vehicle BMP2

The Ministry of Defence on Wednesday signed a contract with Armoured Vehicles Nigam Limited (AVNL) for procurement of 693 armament upgrades of infantry combat vehicle BMP2, according to an official statement "This upgrade includes night enablement, gunner main sight, commander panoramic sight and fire control system (FCS) with automatic target tracker under Buy (Indian-Indigenously Designed Developed and Manufactured) Category," the statement said. The AVNL has developed an "indigenised solution for providing existing BMP 2/2K with night fighting capabilities and FCS based on the integration of Defence Research and Development Organisation (DRDO) and Bharat Electronics Limited (BEL), Chennai-developed sight and FCS," it said. The ministry signed the contract with AVNL "for the procurement of 693 Armament Upgrades of Infantry Combat Vehicle BMP2 to BMP2M". The AVNL will produce the "armament upgrades with equipment and sub-systems sourced from indigenous manufacturers", the ministry

Govt inks deal with AVNL for 693 armament upgrades for combat vehicle BMP2
Updated On : 13 Mar 2024 | 10:51 PM IST

Centre approves procurement of 97 Tejas jets, over 150 Prachand choppers

India on Thursday accorded an initial approval to procure an additional batch of 97 Tejas light combat aircraft and around 150 Prachand helicopters to boost the overall combat capability of the armed forces, official sources said. The Defence Acquisition Council (DAC) headed by Defence Minister Rajnath Singh also cleared a proposal of the Indian Air Force to upgrade its Su-30 fighter fleet, the sources said. It is learnt that mega procurement projects and the Su-30 upgrade programme are expected to cost the exchequer Rs 1.3 lakh crore. The defence ministry is expected to provide the details of the projects cleared by the DAC soon.

Centre approves procurement of 97 Tejas jets, over 150 Prachand choppers
Updated On : 30 Nov 2023 | 11:14 PM IST

Defence ministry clears procurement of military hardware worth Rs 45,000 cr

The Defence Ministry on Friday cleared procurement of various weapons systems and platforms including Dhruvastra short range air-to-surface missile and 12 Su-30 MKI fighter jets at a cost of around Rs 45,000 crore. A total of nine procurement proposals were approved by the Defence Acquisition Council (DAC) headed by Defence Minister Rajnath Singh, officials said. "All these procurements will be made from Indian vendors under Buy (Indian-Indigenously Designed Developed and Manufactured (IDMM)/Buy (Indian) category which will give substantial boost to the Indian defence Industry towards achieving the goal of 'Aatmanirbhar Bharat'," the defence ministry said. To enhance protection, mobility, attack capability and increase survivability of mechanised forces, the DAC accorded the approval for procurement of Light Armoured Multipurpose Vehicles (LAMV) and Integrated Surveillance and Targeting System (ISAT-S), the ministry said in a statement. The DAC cleared also cleared the procurement

Defence ministry clears procurement of military hardware worth Rs 45,000 cr
Updated On : 15 Sep 2023 | 10:45 PM IST

US Defence Secretary arrives in India, to hold talks with Rajnath Singh

Rajnath and Austin are set to discuss in their talks on Monday General Electric's proposal to share technology with India for fighter jet engines and New Delhi's plan to procure 30 MQ-9B armed drones

US Defence Secretary arrives in India, to hold talks with Rajnath Singh
Updated On : 04 Jun 2023 | 8:26 PM IST