Panel approves most proposals of defence, explosives sectors

A high-powered panel cleared most of the 144 proposals for setting manufacturing units, including from defence and explosive sectors, that came up for its consideration today.

Import of certain items to be banned in defence sector: Parrikar

In a bid to boost the domestic defence sector, Defence Minister Manohar Parrikar said on Saturday he will soon come out with a policy under which certain items will be banned from importing.

China should be alert to India's new arms potential: Think tank

With India pitching for self- reliance in defence sector, Chinese strategic analysts have cautioned the government about India's new arms potential especially its growing military cooperation with Vietnam and the Philippines in China's backyard.

Rajnath Singh invites Israel to 'Make in India' in defence sector

India has invited Israel to become a partner in the 'Make in India' initiative in the defence sector even as the Jewish state expressed its desire to share cutting-edge weapons technologies with New Delhi.

India invites Israel to invest in strategic sectors

With 'Make in India' campaign reverberating in Israel, India has asked the Jewish country to take advantage of the investment friendly policies of the new government and invest in strategic sectors like defence.

PM Narendra Modi asks IITs to develop defence, health products

Noting that India is dependent on imports in several sectors including defence and health, Prime Minister Narendra Modi on Thursday asked the IITs to take up the challenge of developing products in these critical fields.

Navy chief stresses on self-reliance, indigenisation

With Prime Minister Narendra Modi stressing on developing indigenous defence sector, Navy Chief Admiral Robin Dhowan on Thursday said the maritime force`s future growth would be based on "indigenisation and self reliance".

Pakistan, Saudi discuss cooperation in defence sector

Pakistan and Saudi Arabia on Sunday agreed on exchange of visits by military personnel for training and joint ventures in defence production.

Top IAF officer seeks rethink over FDI policy in defence

A top IAF officer on Wednesday sought a rethink over government`s policy to have 26 per cent FDI in military sector, saying it was not attractive for foreign vendors.

Defence imports worth over Rs 2.35 lakh crore in last 3 years

The government has spent over Rs 2.35 lakh crore in the last three years for procuring weapon systems for the three armed forces.

FDI cap in defence retained at 26%

FDI cap in defence sector will remain at 26 percent and proposals beyond that will be considered by the Cabinet Committee on Security (CCS) on case to case basis.

Antony opposes proposed hike in Defence FDI to 49%

Defence Minister AK Antony has shot down Commerce Ministry`s proposal to raise FDI in defence from 26 per cent to 49 per cent.

Govt not considering amending FDI policy in defence sector

Commerce and Industry Minister Anand Sharma on Monday informed Parliament that the government is not considering any proposal to amend FDI policy in defence, warehousing and food storage sectors.

‘US working with India to boost defence cooperation`

As the Obama Administration moves towards strategic re-balance in the Asia-Pacific region, the US today it was working with India to develop increased defence co-operation.

‘Lack of incentives driving away FDI in defence sector’

Pitching for raising FDI limit to 49% in the defence sector, a study on India`s military exports has said global players are reluctant to fund the industry in the capital-intensive sector due to lack of incentives.