Latest Articles in Corporate
Defence Ministry Inks Rs 3,700 Cr Contracts With BEL To Increase Operational Capabilities Of IAF
The first contract, worth over Rs 2,800 crore, pertains to the supply of Medium Power Radars (MPR) 'Arudhra' for the Indian Air Force and the second contract, at an overall cost of approx Rs 950 crore, relates to 129 DR-118 Radar Warning Receivers (RWR)
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India's Defence Exports Cross $1.5 Bn, A Boost As In Indigenous Items Demand
Earlier on 13, March, the Minister of State for Defence also underlined the government’s focus on the indigenisation of various defence items to achieve self-reliance in the country, ‘Aatmanirbharta’
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Paras Defence Wins Contract Worth Rs 64 Cr
Saras is the first Indian multi-purpose civilian aircraft in the light transport aircraft category as designed by the CSIR-NAL, according to a statement released by Paras Defence and Space Technologies on Tuesday
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Govt Approves Purchase Of Military Equipment Worth $8.5 Bn
The Defence Acquisition Council (DAC), the top government body for capital acquisition approvals for the Indian military, authorised orders totalling 705 billion rupees (USD 8.52 billion) for all forces, according to a statement from the Defence Ministry
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India, Russia To Clear Outstanding Rouble For Local Defence Purchase: Report
The report suggests as the current financial year ends in the absence of a solution to this problem, the capital city kicked off a local buying spree for its defence needs
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DRDO Conducts 2 Successful Flight Tests Of VSHORADS Missiles In Odisha
DRDO conducted two consecutive successful flight tests of Very Short Range Air Defence System (VSHORADS) missile at the Integrated Test Range, Chandipur off the coast of Odisha on Tuesday
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India, Largest Importer Of Arms In 2018-22, Ukraine Is Third-largest In 2022: SIPRI
According to data published by the think tank that measures weapons imports over five-year periods, India had the highest share of global arms imports in the last five years at 11 per cent, followed by Saudi Arabia (9.6 per cent), Qatar (6.4 per cent), Australia (4.7 per cent) and China (4.7 per cen
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India's Defence Export Rises To Over Rs 13,000 Cr
According to the most recent data available from the defence ministry, the total export value of defence goods was Rs 13,399 crore as of the first week of March and the figure could rise further as deals are signed up until the end of the fiscal year
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Centre Signs Rs 934 Cr Agreement With HSL To Refit INS Sindhukirti Submarine
Refitting a vessel is the process of repairing, upgrading or modifying a ship or boat in order to improve its condition, performance or functionality and this may entail replacing or repairing structural or equipment components, upgrading navigation or communication systems, improving safety feature
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Govt Sets Target Of Rs 1.75 Lakh Cr In Defence Manufacturing By 2024-25
The Indian government has set a target of Rs 175,000 crore in defence manufacturing, including Rs 35,000 crore in defence exports, by 2024-25, according to Ajay Bhatt, Minister of State for Defence
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