Punj Lloyd to expand defence facility; may invest Rs 2,000-cr

Looking to tap opportunities in defence sector, diversified group Punj Lloyd plans to expand its Gwalior facility and will also explore setting up manufacturing units in various states with an investment kitty of up to Rs 2,000 crore.

Manohar Parrikar to chair Defence Acquisition Council meet today

Defence Minister Manohar Parrikar will chair a crucial Defence Acquisition Council meeting on Friday during which some significant decisions on procurements would be taken.

India and Sweden to re-start strategic dialogue

India and Sweden on Monday agreed to re-start the bilateral strategic dialogue after a gap of four years besides finding ways for investment by the Nordic country in India's defence sector under the ambitious 'Make in India' initiative.

'Confidential information secured in India from cyber attacks'

The central government has taken a number of steps to protect confidential information in the defence sector from cyber attacks, Defence Minister Manhohar Parrikar told the Lok Sabha on Friday.

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.

Pipavav to become top defence manufacturer: Anil Ambani
Pipavav to become top defence manufacturer: Anil Ambani

Within days of acquiring controlling stake in Pipavav Defence and Offshore Engineering, Reliance Group chief Anil Ambani Sunday said he will make it the country's biggest defence manufacturer.

Reliance Infra acquires Pipavav Defence for up to Rs 2,082 cr
Reliance Infra acquires Pipavav Defence for up to Rs 2,082 cr

In the biggest deal in the defence sector, billionaire Anil Ambani-led Reliance Infrastructure Wednesday announced acquisition of controlling stake in Pipavav Defence and Offshore Engineering for up to Rs 2,082.3 crore.

Anil Ambani's Reliance Group forays into defence sector
Anil Ambani's Reliance Group forays into defence sector

Three subsidiaries have been incorporated for the foray under group firm Reliance Infrastructure, the company said in a regulatory filing.

Defence procurement policy will be industry friendly: Parrikar

Government Sunday said it will come up with industry friendly defence procurement policy with a view to attracting overseas and domestic investment for manufacture of equipment in the country.

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.

Tata Motors developing vehicles for defence sector

Leading auto manufacturer Tata Motors is in the process of developing vehicles for the defence sector, which are capable of carrying weapons.

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.

Govt notifies increase in FDI cap to 49% in defence sector

The government on Tuesday notified increase in foreign direct investment (FDI) limit to 49 percent through approval route in the defence sector.

FDI in defence is wise decision, should be welcomed: Venkaiah

In order to reduce the dependence on import of defence equipment, the government decided to allow foreign direct investment in defence sector, Urban Development Minister M Venkaiah Naidu on Monday said here.

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.

India to see more US investment at 49% FDI: Boeing

India will see more investments from American companies once it decides to raise the FDI level in the defence sector from 26 to 49 percent, a top Boeing executive has said.