Foreign firms allowed in Indian FICV tender for $ 8 billion

Loitering ammunition for beyond line of sight targeting and mini UAV’s for tactical surveillance are part of the needs specified by the FICV project . Some 1750 FICV are planned.

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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.

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Russia losses share in military equipment market in India

Russia was the largest arms supplier to India in both 2011–15 and 2016–20. However, Russia’s deliveries dropped by 53 per cent between the two periods and its share of total Indian arms imports fell from 70 to 49 per cent”

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$130 billion to spend, India opens arms to local and foreign makers

We plan to spend 130 Billion Dollars on military modernization over the next 7-8 years ,” Indian Defence Minister Rajnath Singh

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Thales-BDL ‘StarStreak’ tie-up important for industry

STARStreak is unique due to its three laser-guided darts, which cannot be jammed by any known countermeasure. It has the capability to defeat any air target

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$ 6 Bn Tejas jet deal to rev-up Indian Industry

The Cabinet Committee on Security (CCS) headed by Prime Minister Narendra Modi, gave its approval for the procurement of 83 Light Combat Aircraft , Tejas, fighter jets.

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‘Make in India’ is opportunity for US companies

New Delhi has suggested it can host new production lines, participate in US export orders for the Asian market and host maintenance repair and overhaul (MRO) facilities for US equipment operating in the Indo-Pacific.

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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

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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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