Latest Articles in industry
Boosting Indigenous Defence Effort, MoD Sanctions 1,300 LSV To Mahindra Defence Systems
Providing further boost to ‘Make in India’, Ministry of Defence (MoD) signed a contract with Mahindra Defence Systems Ltd (MDSL) for supply of 1,300 Light Specialist Vehicles to the Indian Army, at a cost of Rs 1,056 crore. The induction of vehicles is planned to be completed in four years.
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Tata Boeing Aerospace Limited To Manufacture 737 Vertical Fin Structures
Boeing announced the addition of a new production line at its joint venture, the Tata Boeing Aerospace Limited (TBAL) in Hyderabad, Telangana, to manufacture complex vertical fin structures for the 737 family of airplanes.The vertical fin is a complex structural part and the new production line will
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Airbus Military Transport Aircraft C295 Is Actually The First Tangible Make In India Program: Airbus President Rémi Maillard
On the Sidelines of Aero India 2021, BW Businesworld's Manish Kumar Jha interacts with Rémi Maillard, President & MD, India & South Asia, Airbus on defence and commercial commitment to India. Airbus is emphatic on its C 295 military transport aircraft program with Tata which is awaiting final approv
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As A Defence Startup, We See Ourselves As Problem Solvers: MWIVEN MD Jayaraghavendhar
On a Defence Start-Up, BW Defence speaks with with Jayaraghavendhar, the Managing Director of MWIVEN. How a start-up company or a company with skills in defence, which is so vital for the ecosystem, can contribute in the nation building in the defence production and in the economy overall? Excerpts
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A Marginal Increase In Defense Budget Reels Under 9.5% Fiscal Imbalance In The Budget 2021
Defence Budget increased from Rs 4,71,000 crores to Rs 4,78,000 crores. Pension bill reduced from Rs 1,33,000 crores to Rs 1,15,000 crores. Marginal increase in Capital budget at Rs 1,35,060 crores from Rs 1,13,000 last FY. Fiscal burden at 9.5 % is dampening impact on the overall budget including
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L&T Construction Secures Large Contract to Build India's Longest River Bridge
L&T Cons has been awarded the contract to build India's longest river bridge across the Brahmaputra river. The 19km bridge which shall connect Dhubri in Assam to Phulbari in Meghalaya shall shorten the distance between the two states by 250km.
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India-Bangladesh Strategic Partnership Can Become A Pillar of Regional Strength And Economic Cooperation: Secretary, Defence Production
India and Bangladesh have the potential to become long-term strategic partners in the fields of production, development and maintenance. Both the nations can build off industrial advantages of each other's economies and collaborate in the arena of defence cooperation for mutual benefit.
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MDL Augmented To Build 11 Submarines And 10 Ships At Any Given Time: RAdmiral AK Saxena, Director, Mazagon Dock
Mazagon Dock's Director Shipbuilding R Admiral A K Saxena speaks with BW Businessworld's Manish Kumar Jha on the occasion of keel laying of India's advance frigate Project-17a. He talks about the design capability, stealth feature and weapon platforms in building warship at MDL for Indian navy. He a
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MDL Will Deliver All 6 Scorpene Submarine To Indian Navy By 2023: CMD Vice Admiral Narayan Prasad
On the Keel laying of India’s stealth Frigates Project 17 Alpha at MDL, BW Businessworld’ s Manish Kumar Jha spoke with MDL’s Chairman & Managing director, Vice Admiral, Narayan Prasad. MDL’s IPO has seen the record subscription, receiving bids worth Rs 70000 cr. CMD talks about Indian navy's next g
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Why Corporatisation Of Ordnance Factory Board (OFB) Is Inescapable Strategic Need of India
One of the key structural reforms in defence manufacturing, Corporatisation of OFBs was announced by the Finance Minister. It is a open fact that OFB has failed in many ways & marked as an inefficient entity that nation can ill afford the loath of underperforming, hiding their inefficiencies under t
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