defence sector

Army turns down assault rifles manufactured by Ordinance Factory Board

Army turns down assault rifles manufactured by Ordinance Factory Board

With India still importing 65 percent of its military requirements, PM Modi has favoured making the country self-reliant in the defence sector.

Jun 21, 2017, 19:52 PM IST

Defence sector receives only $1 million of FDI in 3 years

The defence sector received only USD 1 million in terms FDI equity inflow in the last three years, the Lok Sabha was informed on Friday.

Mar 24, 2017, 20:41 PM IST
Rajnath Singh pitches for incentives in defence manufacturing

Rajnath Singh pitches for incentives in defence manufacturing

Israeli and Chinese companies seek to come to India and make investment for the purpose of defence production. 

Dec 14, 2016, 17:03 PM IST

Israel expresses commitment towards 'Make in India' in defence sector

Israel is one of the leading exporters of weapon systems to India, providing missiles, unmanned aircrafts, electronic warfare and radars in last decade.

Nov 18, 2016, 23:50 PM IST

Vested interests trying to kill competition in Defence: Ambani

Industrialist Anil Ambani, a new entrant in the defence sector, today said an attempt is being made to deny opportunity to new players on grounds of lack of experience, which he described as a "booby-trap" laid by vested interest to kill competition.

Mar 29, 2016, 15:19 PM IST
DefExpo 2016 commences today; to be the largest till date

DefExpo 2016 commences today; to be the largest till date

The ninth edition of DefExpo India, a biennial exhibition of Land, Naval and Internal Homeland Security Systems, will commence in Goa from Monday.

Mar 28, 2016, 08:14 AM IST

Defence manufacturing unit in Rajasthan on cards: Manohar Parrikar

A manufacturing unit in defence sector is likely to be set up in Rajasthan, which would be located between Jaipur and Delhi, Defence Minister Manohar Parrikar said here on Saturday.

Jan 16, 2016, 15:44 PM IST
Govt relaxes norms for FDI in defence sector

Govt relaxes norms for FDI in defence sector

As per the earlier FDI policy in the sector, foreign investment up to 49 percent was permitted under government approval route.

Nov 10, 2015, 20:31 PM IST

Govt announces FDI reforms in 15 sectors

After facing humiliating defeat in the Bihar assembly elections, Narendra Modi government on Tuesday allowed FDI through automatic route in 15 sectors including the construction, civil aviation, ba

Nov 10, 2015, 18:22 PM IST

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.

Sep 01, 2015, 22:46 PM IST

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.

Aug 28, 2015, 03:24 AM IST

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.

Jun 01, 2015, 23:06 PM IST

'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.

May 08, 2015, 19:12 PM IST

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.

Apr 08, 2015, 23:19 PM IST

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.

Mar 21, 2015, 15:38 PM IST
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.

Mar 08, 2015, 19:09 PM IST
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.

Mar 04, 2015, 19:52 PM IST
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.

Feb 12, 2015, 13:49 PM IST

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.

Jan 11, 2015, 22:32 PM IST

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.

Jan 07, 2015, 15:48 PM IST