Page 32 - Defence Sector

FM hikes FDI in defence production to 74%; ban on imports of some weapons

Items banned for imports can only be purchased from within the country, Sitharaman said

Defence more aggravated than other sectors amid coronavirus: Rajnath Singh

The Minister was addressing, via video conference, MSMEs E-conclave, jointly organised by SIDM, Confederation of Indian Industry (CII) and Department of Defence Production

Fighting coronavirus crisis: Defence public sector firms divert production

Bengaluru-based Bharat Electronic Limited (BEL) has begun manufacturing 30,000 ventilators for intensive care units across the country

Limitations of defence diplomacy

With its stock nowhere near what it was a year ago, New Delhi has turned to defence as a lever of foreign policy - a strategy that can at best yield limited dividends

Defence industry received $8.82 million FDI during Apr 2000- Dec 2019: Govt

In 2018-19, FDI in the sector was aggregated at $2.18 million, according to the data

UP to host meeting with top global defence manufacturing companies in March

State had signed MoUs worth Rs 50,000 crore at DefExpo 2020

'DefExpo landmark event for Indo-Russia military, technical cooperation'

During the Defexpo, 14 MoUs were signed covering development and production of land, air and naval systems as well as innovative high-tech civilian products

Finance Commission panel to examine separate funding mechanism for defence

The five-member group, to be headed by Finance Commission Chairman N K Singh, comprise secretaries from the ministries of defence, home affairs and finance, besides a member of Commission

BHEL signs pact with Russian firm to undertake joint defence projects

The aim of the MoU is to cooperate and undertake joint projects and operations for defence systems

Domestic firms eye defence sector with focus on import substitution

The ministry of defence has set a goal of $26 billion, including export of $7 billion for the industry by 2025-26 through its Defence Production Policy 2018

India, US working on greater collaboration in defence sector: Rajnath Singh

India and the US have a global strategic partnership and the two are working together to further expand and deepen this important partnership, Singh said

India committed to becoming a $26-bn defence industry by 2025: Rajnath

The Defence Ministry would fund 250 startups, 16 personal initiatives and five defence innovation hubs through the Defence Innovation Organisation in five years

Asean Summit: India, Thailand decide to boost defence sector, trade ties

Modi arrived here on a three-day visit on Saturday to attend the ASEAN-India, the East Asia and the RCEP summits.

Rajnath invites pvt sector for 'active participation' in defence industry

Singh also said the Centre is committed in exploiting the entrepreneurship spirit of private defence sector and ready to interact and resolve their problems

Export or perish, MoD tells private sector defence companies

The seminar was organised to explore ways to raise defence exports from the current annual level of Rs 11,000 crore to the $5 billion

A third of national capital budget allocated to the military: Government

The government has put forward in Parliament a new, and more telling, metric, which is the defence capital allocation as a percentage of the national capital spending

Time to call out defence PSUs

If rumours are to be believed, the ministry of defence is believed to have decided not to pump in any more money into DPSUs in order to ensure more private sector participation

Govt considers further relaxation in FDI norms for defence sector

India imports 70% of its military hardware from different countries

Defence sector seeks tax rationalisation, policy clarity

Small industry is worst affected, since cash-flow is a problem for many

Tata Power to make Javelin missile with Lockheed Martin JV

The Javelin Joint Venture (JJV) - consisting of Raytheon and Lockheed Martin - is partnering the "Strategic Engineering Division" of Tata Power