MILITARY HARDWARE PRODUCTION
Explosive growth: How defence sector became a darling of investors Motilal Oswal Nifty India Defence Index Fund breaks records by collecting Rs 1,676 crores during its NFO period. India's defence sector experiences growth through indigenisation efforts and increased investments. The country aims to enhance its defe...
06 Jul, 2024, 02.58 PM ISTReforms in armed forces should be continuous to maintain supremacy during wars: President Murmu President Droupadi Murmu highlighted the government's efforts to boost domestic defence production. She claimed that nearly 70 per cent of defence procurement was sourced from Indian manufacturers in the last year, and reforms resulting in India man...
27 Jun, 2024, 03.06 PM ISTIndia expressed interest in co-production of Stryker combat vehicle: US US Deputy Secretary of State Kurt Campbell emphasized the importance of frank dialogue with India regarding New Delhi's ties with Russia, particularly in the technology sector, including defense. Despite US concerns about potential technology leakag...
27 Jun, 2024, 10.16 AM IST
Indonesia accepts South Korea warship donation, despite cost concerns Indonesia's parliament has approved a proposal to accept a South Korean donation of a corvette for its navy, despite concerns about the vessel's age and the need for significant maintenance costs. The 36-year-old corvette, Bucheon 773, is seen as a ...
06 Jun, 2024, 06.17 PM ISTUkraine says it has checked Russia's offensive in a key town, but Moscow says it will keep pushing Ukrainian forces have halted a Russian advance in Vovchansk, a key northeastern town near the Russian border, according to Kyiv. However, Moscow insists it has sufficient resources to continue its offensive. Ukraine's President Zelenskyy acknowledge...
16 May, 2024, 05.20 PM ISTShot by shot, Indian military is getting atmanirbhar 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...
08 May, 2024, 07.40 PM ISTNATO chief chides members as Ukraine's allies say slow arms deliveries have helped Russia Outgunned, Ukraine's troops have struggled to fend off Russian advances on the battlefield. They were recently compelled to make a tactical retreat from three villages in the east, where the Kremlin's forces have been making incremental gains, Ukrai...
30 Apr, 2024, 08.48 AM ISTNATO's chief chides alliance countries for not being quicker to help Ukraine against Russia NATO Secretary-General Jens Stoltenberg expressed concern over delays in NATO countries delivering promised military aid to Ukraine, allowing Russia to gain ground in the ongoing conflict. Stoltenberg cited shortcomings in supplying weapons, ammunit...
29 Apr, 2024, 09.04 PM ISTIndia’s defence production is $13 bn and growing, and MSMEs are providing the tailwind The government’s push for indigenisation in defence has encouraged smaller players to get into the game and reduce India’s dependence on imports.
28 Apr, 2024, 10.04 AM ISTGermany fully backs submarine negotiations with India, wants to offer military cooperation alternatives to New Delhi: German envoy Germany's Ambassador to India, Philipp Ackerman, has expressed full support for the negotiations between the German firm Thyssenkrupp Marine Systems and the Indian Navy for Project 75 India, which aims to build six new conventional submarines. The p...
09 Apr, 2024, 03.12 PM ISTUkraine claims it destroyed Russian warplanes in one of its biggest drone attacks of the war Ukrainian officials claimed to have used drones to destroy six military aircraft and damage eight others at a Russian airfield in the Rostov region. However, Russian defense officials stated they intercepted 44 Ukrainian drones, with only a power su...
05 Apr, 2024, 05.09 PM ISTGuns N' Growth: Inside defence sector's explosive Make-In-India story India's 'Make in India' defence production success story is evident in record-breaking defence exports, reaching Rs 21,083 crore in 2023-24, a growth of 32.5% from the previous fiscal. With a focus on indigenisation, India aims to triple annual defe...
03 Apr, 2024, 02.56 PM ISTIndia cannot afford to remain dependent on defence imports: Rajnath Singh India's Defence Minister, Rajnath Singh, has stressed the need for India to reduce its dependency on imported military hardware in order to maintain strategic autonomy. Singh highlighted the Modi government's focus on boosting domestic manufacturing...
04 Mar, 2024, 12.50 PM ISTIndia-Russia defence coop remains unprecedented with full transfer of tech: Denis Alipov “we are working on joint development and manufacturing of the most sophisticated systems, ensuring a significant contribution to the “Make in India” and “Self-reliant India” initiatives,” Denis Alipov said at a session earlier this week in New Delhi...
10 Jan, 2024, 12.13 PM ISTRussia, India closer to joint military equipment production : Minister Lavrov Russia and India have made progress in talks on joint production of military equipment, according to Russian Foreign Minister Sergei Lavrov. Lavrov said the cooperation was strategic and would ensure security on the Eurasian continent. Moscow respec...
28 Dec, 2023, 12.02 PM ISTIndia, Italy ink pact to expand defence ties with focus on co-development of military hardware In a statement on Tuesday, the defence ministry said the focus of the talks between Singh and Crosetto on Monday was on defence-industrial cooperation and that the pact will help promote co-development, co-production and setting up of joint ventures.
10 Oct, 2023, 08.21 PM ISTDefence Minister Rajnath Singh to visit Italy, France from Oct 9-12 In the first leg of his two-nation tour, Singh will travel to Rome where he will hold wide-ranging talks with his Italian counterpart Guido Crisetto, according to the defence ministry. The relationship between India and Italy was elevated to the lev...
09 Oct, 2023, 12.18 AM ISTIndia announces fresh 'positive indigenisation list' to boost domestic defence manufacturing 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...
04 Oct, 2023, 10.32 PM ISTSecret Pakistani arms sale to US helped facilitate IMF bailout: Report A secret arms sales agreement between Pakistan and the United States helped facilitate a bailout from the IMF earlier this year, according to The Intercept. The arms sales were intended to supply the Ukrainian military, indicating Pakistani involvem...
18 Sep, 2023, 01.34 PM ISTIndia exported military hardware worth Rs 15,920 crore in 2022-23: Rajnath Singh India exported military hardware worth Rs 8,434 crore in 2020-21, Rs 9,115 crore in 2019-20, and Rs 10,745 crore in 2018-19, according to details provided by Singh. The amount in 2017-18 was Rs 4,682 crore and Rs 1,521 crore in 2016-17.
04 Apr, 2023, 06.51 PM IST