14 MoUs between Russian and Indian companies for spare parts manufacture

IDD Bureau A total of 14 MoUs were exchanged between the Russian Original Equipment Manufacturers (OEMs) and the Indian companies today on the sidelines of the ongoing DefExpo-2020.  The 5th round of India-Russia Military Industrial Conference (IRMIC) was conducted on the second day of the DefExpo-2020 at Lucknow. The conference was co-chaired by Dr. Ajay

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Government to promote private industry investment in Defence sector

Defence Minister Rajnath Singh has voiced the government’s desire to encourage private industry investment in defence sector, while also strengthening defence PSUs and the Ordnance Factory Board (OFB).  Addressing CEOs of top defence and aerospace companies at a roundtable with the theme ‘Make in India in Defence Industry’, Singh said defence companies have huge opportunities

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