Russia losses share in military equipment market in India
Tag: SIDM
$130 billion to spend, India opens arms to local and foreign makers
Thales-BDL ‘StarStreak’ tie-up important for industry
$ 6 Bn Tejas jet deal to rev-up Indian Industry
‘Make in India’ is opportunity for US companies
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’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
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
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
$5.31 billion deal for 83 Tejas jets, puts 114 jet prog on backburner
IDD explainer India’s decision to procure an additional 83 single-engined indigenous Tejas fighter jets for Rs 38,800 crore ($ 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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