India’s ‘big-bang’ reforms in defence; foreign OEM’s allowed 74 % stake

IDD explainer In a long-pending reform, India,  has allowed foreign original equipment manufacturers (OEMs) to invest upto 74 percent stake in Defence equipment manufacturing sector in India via the Foreign Direct Investment (FDI) route, allowing the OEM’s, a controlling stake in production. India is the second largest importer of weapons and equipment, accounting for 9.2

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China’s military spend beats India, Japan, Korea & Australia

IDD Explainer The Indo-Pacific is now global military hotspot. Military spends of countries have risen constantly in the past three decades. China is leading the dangerous race of weaponisation in the region. It is now spending much more on military than what India, Japan, South Korea and Australia spend collectively in an year. The data

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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

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$5.31 billion deal for 83 Tejas jets, puts 114 jet prog on backburner

IDD explainer India’s decision to procure an additional 83 single-engined indigenous Tejas fighter jets for Rs 38,800 crore ($ 5.31 Biillion), indicates a slowing down of the existing programme inviting  global biggies to make another 114 fighter jets. On March 18, the Indian Ministry of Defence announced that the Defence Acquisition Council headed by Minister

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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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Changes to Indian Military structure alters nothing for companies

IDD Bureau India has announced a change in its military structure. A new rank called the Chief of Defence Staff (CDS) has been added. A uniformed four-star rank General will be the CDS. The same person will also head the Department of Military Affairs (DMA), a newly created entity under the Ministry of Defence. These

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Russia agrees to Indian demand for quick servicing of equipment

IDDBureau Following demands formIndia for quicker availability of military spares, Russia has agreed to formspecific groups that will take care of after-sales servicing of Russianequipment being used by armed forces in India. Indian Defence MinisterRajnath Singh at a meeting with his Russian counterpart General Sergey Shoiguin Moscow on November 6 highlighted the importance of the

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