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DAC capital acquisition of Rs 1.4 trn to boost defence PSUs: Report

The decision of the Defence Acquisition Council (DAC) to accept 10 capital acquisition proposals wo…

ANI   


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India's defence exports surge to Rs 210 billion after global shift towards China+1, Russia-Ukraine war: Report

India's defence exports have surged from Rs 15 billion in 2017 to Rs 210 billion in 2024, registeri…

ANI   


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Here's what will get cheaper and costlier after this Budget

One aspect that always garners much traction on the Budget day is what got cheaper and what got cos…

ANI   


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India and the US agree to step up cooperation on semiconductors, critical minerals

India and the US have agreed to closer engagement and cooperation on supply chain, semiconductors a…

ANI   


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Govt approves 4th 'positive indigenisation list' of sub-systems to promote domestic defence industry

It is the fourth such "positive indigenisation list (PIL)" comprising line replacement units, su…

PTI   


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Domestic commercial vehicle industry to see 4-7% dip in volumes next fiscal: Icra

Domestic Commercial Vehicle (CV) volumes are expected to dip 4-7 per cent year-on-year next fiscal …

PTI   


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France wants to be India's best partner in defence manufacturing: French envoy Lenain

Without divulging specific details, the envoy said French and Indian companies are working toget…

PTI   


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India approves defence acquisition projects worth Rs 2.23 lakh cr

The defence ministry said 98 per cent of the total procurement worth Rs 2.23 lakh crore will be …

PTI   


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DefExpo 2020 will be an opportunity for domestic defence companies to prove their might to woo foreign firms

According to him, over 1,000 companies from 40 different countries are scheduled to be present…

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Govt committed to achieving defence production target of $22 bn by 2025: Rajnath

Defence Minister Rajnath Singh on Saturday said the government is working and committed to increasi…

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India's new defence policy proposes a cell to re-engineer armoured vehicles, submarines, fighter aircraft, helicopters and more

A Project Management Unit (PMU), with representation from the Services, would be set up t…

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3 mins read

India likely to introduce a second defence ‘import embargo’ list by the end of year as it chases down $5 billion in exports

The new list is likely to come out by the end of the year as India marches towards its goal of…

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2 mins read

Foreign investors can now pump in up to 74 % FDI under automatic route in India's defence sector

As per the current FDI policy, 100 per cent overseas investments are permitted in the defence indus…

PTI   


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Cochin Shipyard's profit plummets by 65% under pressure from COVID-19 impact

The company had posted a profit of Rs 120.25 crore in Q1FY20, as per a regulatory filing.

PTI   


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68% of defence budget allocated for procuring indigenous equipment: PM

Prime Minister Narendra Modi on Wednesday assured the new generation entrepreneurs in the defence e…