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IDEX

IDEX

Turkey, UK, US asked to arrest senior UAE officials

LONDON Reuters Abu Dhabi's Crown Prince Mohammed bin Zayed Al-Nahyan attends the International Defence Exhibition & Conference (IDEX) in Abu Dhabi, United Arab Emirates, on Feb. 17, 2019. (REUTERS File Photo) A British law firm filed requests on Feb. 11…
bubmag
February 12, 2020
IDEX

RSTV: IN DEPTH

RSTV: IN DEPTH- DEFENCE EXPO 2020 Introduction: India’s biennial Defence Expo was held in Lucknow. Aimed at showcasing India’s potential as a global defence manufacturing hub, the 11th edition of the DefenceExpo will bring new technologies and solutions on a single platform for defence manufacturing firms from India and abroad.…
bubmag
February 11, 2020
IDEX

FDI in Defence Products

In May, 2001, the Defence Industry sector, which was hitherto reserved for the public sector, was opened up to 100% for Indian private sector participation, with Foreign Direct Investment (FDI) up to 26% both subject to licensing. Further, Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce…
bubmag
February 10, 2020
IDEX

Boosting Domestic Production of Defence Equipment

Government has taken following policy initiatives to boost production and promote indigenous design, development & manufacture of defence equipment in collaboration with Indian private sector:- Defence Procurement Procedure (DPP) has been revised in 2016 wherein specific provisions have been introduced for stimulating growth of the domestic defence industry including private…
bubmag
February 10, 2020
IDEX

A game changer for start-ups

The boost received by start-ups in the budget was the toast of Information Technology industry players though there was the odd voice of caution against giving monetary incentives to start-ups without due diligence. The budget proposals for helping start-up…
bubmag
February 7, 2020
IDEX

Defence Production Policy

Draft Defence Production Policy was placed in public domain and is not yet finalised. In DPP-2016, under Government funded Make-I category, development of prototype of defence products/platforms projects not exceeding development cost of Rs.10 Crore and procurement cost of Rs.50 Crore are reserved for MSMEs. Similarly, under industry funded Make-II…
bubmag
February 5, 2020