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Government approves ‘acceptance of necessity’ for three acquisition proposals worth ₹4,276 crore for Army and Navy
An ALH test-firing a HELINA missile. (Photo: DRDO)New Delhi: The government has approved the “acceptance of necessity” for three capital acquisition proposals – two for the Indian Army and one for the Indian Navy, on Tuesday, the de...
Kalyani Strategic Systems bags export order of 155mm artillery guns worth USD 155.5 million
Pune: Leading private sector firm Kalyani Strategic Systems Limited announced that it has bagged an export order of 155mm artillery guns worth USD 155.5 million to a non-conflict zone country.However, the company has not named the country where it wo...
No offsets applicable in IGA, G2G, single vendor
New Delhi: Offsets will not be applicable in three categories, including inter-government agreement, government-to-government (G2G) deal and single-vendor, a senior official in the defence ministry said on Monday.The official said the policy has not ...
DAC approves defence proposals worth ₹2,290 crore
Indian Army soldiers in Ladakh.New Delhi: The Defence Acquisition Council, which is headed by the defence minister, Rajnath Singh, approved proposals for capital acquisitions of various equipment required by the Indian armed forces at an approximate ...
Parliament: Foreign Direct Investment in defence sector
FDI inflows of over Rs 3454 crore have been reported so farNew Delhi: In May, 2001, the Defence Industry sector, which was hitherto reserved for the public sector, was opened up to 100 per cent for Indian private sector participation, with Foreign Di...
Rajnath reaffirms of achieving $26 billion Indian defence industry by 2025
New Delhi: Defence Minister Rajnath Singh on Friday called for an increased and active participation of the private sector in defence manufacturing to achieve the Government’s target of making the Indian defence industry worth $26 billion by 20...
DAC approves implementation guidelines for strategic partnership model
The Ministry of Defence at South Block, New Delhi. (File photo)New Delhi: The Ministry of Defence’s Defence Acquisition Council approved implementation guidelines for the strategic partnership model in defence purchases, on Monday. The move is ...
DAC approves defence equipment procurement worth Rs 5500 Cr
The Defence Acquisition Council (DAC), headed by Defence Minister Nirmala Sitharaman, on Thursday accorded approval for the procurement of equipment for the defence forces valued at over Rs 5500 crore. Pursuing the goal of indigenisation and...Results
24 of 28 results showing for the search for IDDM
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