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DEFENCE SECTOR NEWS

India's atmanirbhar defence sector

April 03, 2024 10:51 am

The transformation underway in the defence industrial complex has set the stage for multiple stakeholders to rally and promote domestic technological innovation

Low spending, fewer new contracts: Why defence upgrade funds got modest hike of 6.5%

February 06, 2023 5:13 am

Data accessed by The Indian Express shows the Army has spent 72 per cent of its capital budgetary allocations, the highest among the three service, followed by the Navy that has spent 58 per cent and the Air Force which has spent only 56 per cent of their budgetary allocations till February 1.

BRO for greater alignment of construction equipment industry with defence sector

May 19, 2022 5:05 pm

Border Roads Organisation (BRO) director-general Lt Gen Rajeev Chaudhry was speaking at a seminar conducted by the Confederation of Indian Industry and the Society of Indian Defence Manufacturers in Bengaluru.

Eye on US$ 1bn investment, Khattar cabinet approves Haryana Aerospace and Defence Production Policy

May 07, 2022 10:49 am

Through this policy, Haryana is committed to taking various steps to support human capital development such as curriculum development, research and innovation, scholarship programme and setting up flying schools amongst others, the government said.

Budget 2022: Armed Forces get 10% hike in capital outlay for modernisation

February 01, 2022 8:01 pm

If compared to the Rs 1.35 lakh crore outlay in the Budget Estimates from 2021-2022, the jump becomes even more pronounced, at nearly 13 per cent.

Government to hike FDI in defence manufacturing to 74 per cent; ban certain imports

May 16, 2020 6:53 pm

Finance Minister Nirmala Sitharaman said that the government will notify a list of weapons/platforms banned for imports. Such items can only be purchased from India.

Rajnath Singh, Rajnath singh on defence, Make in India, Defence manufacturers, Society of Indian Defence Manufacturers

Defence sector will help take Indian economy to $10 tn by 2030: Rajnath Singh

September 18, 2019 6:57 am

“Amongst several sectors of the economy which are set to contribute to this growth, defence has been identified as one of the most prominent sectors under the ‘Make in India’ initiative,” Singh said.