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Defence industry

India will achieve $26 billion defence industry by 2025: Rajnath Singh

Addressing the second annual session of Society of Indian Defence Manufacturers in Delhi, he said the defence sector has been identified as one of the most prominent sectors under “Make in India” initiative to realise $5 trillion economy by 2024.

Sep 17, 2019, 23:19 PM IST

Russian troops, defence industry benefit from Syrian operations: Vladimir Putin

Russian armed forces and defense industry have benefited from the anti-terrorist operations in Syria, Russian President Vladimir Putin said on Thursday.

Jun 16, 2017, 10:07 AM IST

Efforts on to reduce dependence on foreign defence equipment: Parrikar

With 40 per cent of defence procurement still coming from abroad, government Friday said it is working to boost indigenous manufacturing capacity to reduce dependence on foreign supplies.

Nov 28, 2014, 14:51 PM IST

Gujarat keen to promote defence industry: Narendra Modi

Stating that Gujarat was keen to promote defence industry, Chief Minister Narendra Modi on Thursday invited private companies to set up their units in the state.

Jan 10, 2013, 20:08 PM IST

IAF to be "unforgiving" against unethical firms

The IAF warned the defence industry against falling prey to unethical practices, saying it would be "unforgiving" towards such companies.

Aug 22, 2012, 16:07 PM IST

Capex limit for defence raised to Rs 13434.8 cr

Government has raised the capital
expenditure limit for the defence forces by Rs 13,434.82 crore
in the next financial year, increasing allocation for
aircraft, naval ships and special projects.

Mar 27, 2012, 15:58 PM IST

France world`s fourth largest arms exporter

The world arms market was a highly competitive market, dominated by a small number of exporters.

Oct 27, 2011, 11:37 AM IST

`India should speed up indigenisation of defence`

To expedite indigenisation of
the defence industry, government agencies should ensure smooth
Transfer of Technology (ToT) through increased participation
of private sector in the country, CIS) Vice Admiral Shekhar Sinha said.

Aug 26, 2011, 19:55 PM IST

Indian Defence deals worth $42 bn up for grabs

India is in the process of signing Defence deals worth nearly USD 42 billion, an industry study has concluded.

Feb 27, 2011, 10:30 AM IST

Antony wants to stick to 20% FDI policy in defence industry

Defence Minister AK Antony on Thursday ruled out for now any change in the defence production policy.

May 20, 2010, 13:14 PM IST

India late in artillery modernisation: Army Chief

India has been "too late" in acquiring modern artillery and needs to accelerate its efforts to modernise its firepower, Army Chief Gen. VK Singh, said on Monday.

May 10, 2010, 17:58 PM IST