IDEX

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…

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…

Raksha Mantri Shri Rajnath Singh today signalled Indias readiness to take the defence engagements with the friendly African countries to the next level. Addressing the India-Africa Defence Ministers Conclave in Lucknow today, on the sidelines of DefExpo 2020,…

Inaugurating the 11th Defence Exposition (DefExpo 2020) in Lucknow on Wednesday, Prime Minister (PM) Narendra Modi called on international defence manufacturers to “Make in India, for India and for the world”. In his 35-minute inaugural speech, Modi listed o…

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…

Over 1000 national and international defence firms including IIT Madras are participating in the event. New Delhi: Indian Institute of Technology (IIT) Madras is going to showcase next-generation technologies during DefExpo 2020, the biennial defence exhibit…

Defence Ministry approved procurement of 5,100 crores of hardware On January 22, 2020, the Defence Acquisition Council approved the Procurement of defence equipment that are of worth Rs 5,100 crores. The equipment are to be purchased from indigenous sources.…

In a significant move, the defence ministry on January 21 shortlisted two Indian shipyards and five foreign defence majors for the 50,000 crore project to build six conventional submarines in India for the Navy besides approving military procurement worth 5,1…

The decision on submarine project was taken at Defence Acquisition Council meeting. (Representational) New Delhi: The defence ministry on Tuesday shortlisted two Indian shipyards and five foreign defence majors for the Rs 50,000 crore project to build six co…

The Defence Acquisition Council (DAC) chaired by Defence Minister Rajnath Singh on Tuesday cleared Mazgaon Docks Limited (MDL) and Larsen & Toubro (L&T) as the Indian partners in the Navys tender for six advanced submarines under Project-75I worth ove…