The share of domestic firms in the value of capital procurement was 87% in FY25. This level will never fall below 75%
India and Russia are holding technical discussions to explore the possibility of the joint production of the 5th-generation Sukhoi Su-57E fighter jet in India, a top Russian aerospace official claimed on Wednesday. There was no response from the Indian side on his claim. "Today, we are in the advanced stage of technical negotiations on this contract. Such contracts, given our experience, determine the trajectory of our cooperation for several decades to come," CEO of Russia's United Aircraft Corporation (UAC) Vadim Badekha told Russian reporters on the sidelines of the Wings India air show at Begumpet airport in Hyderabad. Russia has put on static display its latest regional transport aircraft - the Ilyushin Il-114-300 and the Sukhoi SJ-100. Badekha claimed that the parties are also discussing "the licensed production of the Su-57 fighters in India at the facilities currently used to produce the Su-30 aircraft, and the maximum use of Indian industry and Indian systems in this ...
Europe's growing focus on defence preparedness has already benefited Indian defence firms, particularly manufacturers of munition
Radoslaw Sikorski, Polish deputy prime minister, who also holds the portfolio of foreign affairs, along with his spouse, journalist and historian Anne Applebaum, will be in India from Monday onwards
Under the India-Japan economic security initiative, both sides will convene a private sector dialogue to enhance public-private cooperation in the field of economic security
India is mulling various options on its engagement in the development of the strategically-located Chabahar port in Iran against the backdrop of the Trump administration threatening a 25 per cent additional tariff on countries doing business with Tehran. India is a major partner in development of the Chabahar port, located in the Sistan-Balochistan province Iran's southern coast. In September last year, the US imposed crippling economic sanctions on Iran but had granted India a six-month exemption from the punitive measures on the Chabahar port project. The waiver will come to an end on April 26. External Affairs Ministry spokesperson Randhir Jaiswal on Friday said New India is engaged with the US on the issue. His remarks in answering a question came amid reports that New Delhi is looking at withdrawing from it in view of fresh American tariffs on nations having trade relations with Iran. "As you are aware, on October 28, the US Department of Treasury had issued a letter outlinin
General Upendra Dwivedi's annual news conference highlights India's approach
Indian High Commissioner to Bangladesh Pranay Verma on Saturday met BNP Chairman Tarique Rahman, a day after the party officially elected him to the position ahead of the scheduled February 12 elections. The meeting lasted for some 40 minutes, Bangladesh Nationalist Party (BNP) media cell spokesman Sayrul Kabir Khan told PTI, calling it a courtesy call. BNP emerged as the forerunner in Bangladesh politics, with its once crucial ally, Jamaat-e-Islami, being the main rival, ahead of the scheduled February 12 elections, in the absence of deposed prime minister Sheikh Hasina's now disbanded Awami League. A student-led violent street movement toppled the Awami League government on August 5, 2024, while the Muhammad Yunus-led interim government disbanded the party in an executive order last year, debarring it from contesting the elections. Rahman has been steering BNP as its acting chairman since 2018. The party's policy-making standing committee on Friday night formally elected him as
External Affairs Minister S Jaishankar on Sunday began a six-day visit to France and Luxembourg to hold talks on bilateral and global issues of mutual interests. In Paris, he will be meeting the French leadership and will hold talks with Foreign Minister Jean Noel Barrot, according to the Ministry of External Affairs (MEA). Jaishankar's visit to France comes against the backdrop of growing global concerns over the US capturing Venezuela's President Nicolas Maduro and his wife in a military operation. The MEA said Jaishankar and Barrot will discuss the progress made under the India-France strategic partnership and matters of global importance. The two ministers are also expected to prepare ground for French President Emmanuel Macron's visit to India next month to participate in the AI Summit. Prime Minister Narendra Modi had co-chaired the AI Summit along with Macron in Paris last February. The external affairs minister will also address the 31st edition of the French Ambassadors'
MoD's push for a sharp increase in modernisation funding gains strength ahead of Budget
Marked by Op Sindoor, the year saw a shift in doctrine, thinking on future wars
In his address, Modi highlighted the centuries-old maritime trading ties between the two countries, from Mandvi to Muscat, which today form the bedrock of vibrant commercial exchanges
India on Sunday asserted that it has never allowed its territory to be used for activities inimical to the interests of Bangladesh and pressed for holding the upcoming parliamentary polls in that country in a peaceful atmosphere. India's reaction came hours after the Bangladesh foreign ministry summoned Indian envoy to Dhaka, Pranay Verma, and conveyed its concern over former prime minister Sheikh Hasina's "incendiary" statements from Indian soil. According to a readout released by Dhaka, the foreign ministry also brought to Verma's notice the activities of some members of Hasina-led Awami League while staying in India. "India categorically rejects the assertions made by the interim government of Bangladesh in its press note," the Ministry of External Affairs (MEA) said. It said India has consistently reiterated its position in favour of free, fair, inclusive and credible elections in Bangladesh in a peaceful atmosphere. "India has never allowed its territory to be used for activi
The committee said the ministry is adopting emerging technologies of warfare and it has recommended that adequate budgetary provisions for research and development be made available to the armed force
Both nations look to deepen defence cooperation, and expand trade ties in 'national currencies'
The ministry said that the agreement will eventually strengthen India's capabilities in the long run and lessen reliance on the US for such support
Navy chief says more than 150 new start-ups and MSMEs have entered the defence ecosystem
India and Israel on Thursday inked terms of reference (ToR) to formally launch negotiations for a free trade agreement, Commerce and Industry Minister Piyush Goyal said. The ToR include market access for goods by eliminating tariff and non-tariff barriers, investment facilitation, simplification of customs procedures, increasing cooperation for innovation and technology transfer, and easing norms to promote trade in services. "We have signed the ToRs today. Now we will soon finalise the dates for starting the negotiations for that," Goyal told reporters here. Goyal is leading a 60-member business delegation to Israel. He will meet leaders and businesses to discuss ways to boost bilateral trade and investments. The TOR was signed by Goyal and Israeli Economy and Industry Minister Nir Barkat. Goyal said that the Israeli side has conveyed that they will not seek market access in sensitive areas such as dairy, rice, wheat and sugar. He also informed that Israel has come out with a ...
Time SCO adopted English as an official working language: Jaishankar
Govt ropes in BCG to conduct study in view of firm's growing order book