Defence manufacturing News

Prime Minister Narendra Modi on Saturday said that Operation Sindoor has highlighted the credibility of India’s defence manufacturing. He added that India’s defence production has crossed ₹1.25 lakh crore

Once dismissed and laughed at for manufacturing an indigenous artillery gun, Bharat Forge defied the odds to become a key player in India’s defence manufacturing.

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.

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.

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

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

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.

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

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

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.

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

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.

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.

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.

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.

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.

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.

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.