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Defence manufacturing News

14 Jun 2024

Indian Army Gets Nagastra-I, GPS-Enabled Precision Munition Drones; Watch

Nagastra -1 is a precision strike munition. The device, when fired in a 'kamikaze mode', can neutralize any hostile threat with a GPS-enabled precision strike with an accuracy of 2m.

defence production

21 Jul 2023

Defence Production Crossed Rs 1 Lakh Cr-Mark Value For First Time In 2022-23

Minister of State for Defence Ajay Bhatt, in a written response to a query in Lok Sabha, also said that the government in the past few years has encouraged indigenous design and manufacture of defence equipment by the local industry.

07 Apr 2022

Self-reliance in defence manufacturing: Rajnath releases 3rd list of weaponry

The government now wants to reduce dependence on imported military platforms and has decided to support domestic defence manufacturing In the last few years, the government has taken a series of measures to promote domestic defence production India, facing tough challenges from neighbours on its northern and western frontiers, is one of the largest importers of arms globally

05 Apr 2018

Defence Expo 2018: India to showcase its defence manufacturing capabilities

With a tagline 'India: The Emerging Defence Manufacturing Hub', the DefExpo will help brand India as a defence exporter of defence systems and components.

21 Jun 2017

India seeks Russian firms' support in defence manufacturing

Showcasing policy initiatives for defence production in India, Defence Minister Arun Jaitley today invited Russian firms to join hands with Indian companies in developing high-end military platforms and weapons systems.

Submarine programme

11 Jun 2017

Govt to kick start process for Rs 60K crore submarine programme

The government is all set to roll out the process for the Rs 60,000-crore submarine programme.

Domestic defence manufacturing policy

28 Apr 2017

India in advanced stages of formulating defence manufacturing policy: FM Jaitley

The government has pledged to spend $250 billion by 2025 on weapons and military equipment.

16 Jan 2017

India evolving as global hub in defence manufacturing: Manohar Parrikar

Defence Minister Manohar Parrikar on Monday said the partnership between the Defence Research and Development Organisation (DRDO) and industries is transforming India into a global defence manufacturing hub.

03 Jan 2016

PM Modi pitches for India's self-reliance in defence manufacturing

Prime Minister Narendra Modi on Sunday made a strong pitch for India's self-reliance in defence production.

Manohar Parrikar

12 Oct 2015

No more commissions for arms agents: Manohar Parrikar

Arms agents earning sales commissions could soon be passe, Defence Minister Manohar Parrikar said, adding that agents would have to be paid fixed fees while representing foreign defence manufacturing companies.

15 Sep 2015

Pentagon creates India Rapid Reaction Cell

The Pentagon has established a first-ever country special cell to speed up its defence ties with India and accelerate the process of co-development and co-production of hi-tech military equipment in the country.

08 Sep 2015

Tata Power begins work to setup Rs 450-cr defence manufacturing facility

Tata Power Tuesday started work to set up its Rs 450 crore defence manufacturing facility in Karnataka with the state's Chief Minister Siddaramaiah laying its foundation stone.

15 Jul 2015

Boeing, Tatas sign pact for aerospace, defence manufacturing

Global aircraft maker Boeing and Tata Advanced Systems today signed a pact to collaborate in aerospace and defence manufacturing as well as to tap into integrated systems development opportunities, including unmanned aerial vehicles.

10 Jul 2015

Tata Motors says to double defence revenues over next three years

Tata Motors Ltd plans to double the revenue from its defence business over the next three years to $600 million, betting on the government`s push for more local defence manufacturing, a top company official said on Friday.

01 Jun 2015

Govt simplifies defence rules to woo foreign firms

In order to provide a level-playing field to private players, the government withdrew excise and Customs duty exemptions enjoyed by the Ordinance Factory Board and defence PSUs.

18 Feb 2015

Modi calls for defence manufacturing at Aero India

India would have to boost defence manufacturing in order to equip itself for the “need of the future,” Prime Minister Narendra Modi said while inaugurating “Aero India” air show.

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