IDEX

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…

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.…

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…

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.…