Mahindra gets $ 179 Mn deal for anti-sub suite on 14 Indian warships
Tag: CII
Honeywell’s hydrogen fuel-cell powered drones being tested in India
A new ‘technology suite’ for light drones allows longer flight hours and with less human intervention. Compared with traditional drones using batteries and line-of-sight radio links, drones equipped with Honeywell’s Beyond Visual Line of Sight (BVLOS) technologies can fly farther, carry more weight, avoid hazards up to three kilometers away and stream video of their progress anywhere in the world.
Foreign firms allowed in Indian FICV tender for $ 8 billion
India restructures its 41 military factories into corporate entities
The OFB, which is legacy of the British rule in India, will not exist as an entity in its present from or structure. Seven public sector undertakings ( or Government owned companies) are planned to be created under the MoD. The 41 OFB factories will be subsumed under one or the other new companies based on an assessment of manufacturing abilities of the factory.
Russia losses share in military equipment market in India
Thales-BDL ‘StarStreak’ tie-up important for industry
$ 6 Bn Tejas jet deal to rev-up Indian Industry
Domestic Industry looks at $53 billion orders, after import ban on military items
India imports weapons and equipment to the tune of $ 9 billion annually, with several items off the import list, the orders will go to local manufacturers. Orders of estimated an Rs 400,000 Crore ( $ 53 billion) are expected to be placed upon the domestic industry within the next five to seven years
India caps military spending for three months
IDD exclusive Reeling under the impact of the COVID-19 virus and the resultant country-wide lockdown, India has announced a ‘capping’ of military spending for the next three months. The impact of capping — not cutting down spending — for now, would be insignificant. However, how India emerges from the lockdown, ending April 15, will determine
Imports growing; Make it lucrative for foreign OEM’s to invest in India
IDD Bureau An officially constituted committee of the Indian Parliament has recommended to the Government to make India a ‘lucrative place’ for foreign military equipment manufacturers to be ‘investing’ in the defence industrial sector. It has also, separately asked for promotion of India industry, as imports were not decreasing. These are part of suggestions to
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