INDIGENISATION

Lieutenant General Upendra Dwivedi will become the 30th Chief of the Indian Army, succeeding Gen Manoj Pande, who completed his 26-month tenure. Dwivedi has served as the Northern Army Commander, gaining experience in the military standoff on the La...

iDEX has significantly impacted the defence ecosystem by fostering start-ups, creating job opportunities, and facilitating procurement worth over Rs 2,000 crore, showcasing a commitment to innovation and technology advancement.

Hindustan Aeronautics Limited (HAL) announced on Monday that the Defence Ministry has issued a request for proposal to procure 156 Light Combat Helicopters from the company, in line with the 'Make in India' initiative. According to HAL's statement, ...

India and the US are in advanced negotiations to co-produce the latest generation of Stryker armoured infantry combat vehicles (ICVs). This three-phase project includes initial purchases, joint production in India, and co-development of future versi...

The Indian Navy is set to conduct trials in Spain for critical equipment under Project 75 India, aiming to acquire six advanced submarines with Air Independent Propulsion (AIP) systems. Spanish shipyard Navantia's Chairman, Ricardo Dominguez Garcia-...

Jefferies, citing upbeat sentiment towards defense indigenization and export focus, recommends buying HAL with a target price of Rs 5,725, indicating a 12% upside potential from the previous day's closing price of Rs 5,103 per share. The firm antici...

Right from perennial under-performers like oil marketing and refining companies to PSU banks. Literally every stock which has the tag of “PSU” stock has seen a re-rating in the last two years. Now that the exit polls are predicting what the street h...

In an election season, there are bound to be times when one or the other narrative may make one question about whether one should sell the stocks. The underlying reason would be fear of losing the gains on which one is sitting. Especially when it co...

​In the last two years, it is a well known fact that every PSU stock has been re-rated by the street, right from perennial under-performers like oil marketing and refining oil companies to PSU banks. But if one looks a bit deeper there are some whic...

Union Minister Ajay Bhatt emphasized Project Udbhav, integrating ancient Indian strategic acumen in the Army. He lauded the philosophy of 'Vasudhaiva Kutumbakam' for its international impact.

The Indian Army has significantly reduced its dependency on imported ammunition thanks to the 'Make in India' policy. By leveraging private sector capabilities and public sector firms, the Army aims to cease most ammunition imports within a few year...

The government aims to increase India's annual defense production to nearly three times its current level, reaching Rs 3 lakh crore by 2028-29. Additionally, the target for defense exports is set to more than double, reaching Rs 50,000 crore compare...

The ministry said in a major reform towards "ease of doing business and to achieve 'Aatmanirbharta' in defence", the Department of Defence Production, under the Ministry of Defence, has issued notification for reorganisation of DGQA which is aimed a...

Indian Navy aims to become 'atmanirbhar' force by 2047. Achieved indigenisation, manufacturing submarines and ships. Brahmos missile being inducted. Agniveer recruitment program. Exploring Vizhinjam port. Considering reordering INS Vikrant type carr...

India is making progress in defence production, indigenising a significant number of defence items. The Department of Defence Production has taken multiple initiatives, with 2,920 out of 4,666 listed items already indigenised. The Ministry of Defenc...

When asked about the indigenisation of Base Repair Depots (BRDs), the IAF chief said, "All our BRDs have been opened up to all the industries to come and take a look as to where industries can pitch in into the work that has been done, not only in B...

The CSIR-National Institute for Interdisciplinary Science and Technology (CSIR-NIIST), based in Kerala, has signed a Memorandum of Understanding (MoU) with Hindustan Aeronautics Ltd (HAL) in Bengaluru to collaborate in India's aerospace and defense ...

India's Defence Minister, Rajnath Singh, announced a series of measures to enhance self-reliance in the defense sector at the 'Swavlamban 2.0' event. The fifth Positive Indigenisation List, comprising 98 critical items, was unveiled, focusing on imp...

The new "positive indigenisation list" is in continuation of the first four such lists, which contained a total of 411 military items. Separately, the Department of Defence Production notified four positive indigenisation lists consisting of 4,666 i...